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BRIEF-Newfield Exploration closes Gulf of Mexico assets sale

Oct 5 (Reuters) - Newfield Exploration Co :

* Closes on sale of Gulf of Mexico assets

* For the full-year 2012, Newfield now expects that its production will be

approximately 298 bcfe.

* Says company's third quarter 2012 production volumes will include its Gulf of

Mexico properties

* Says expects that its third quarter 2012 production volumes will be

approximately 75 bcfe

* Expects Q3 2012 production volumes to have negative impact of about 0.5 bcfe

related to storms in Gulf of Mexico

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