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XTO Energy Increases 2007 Production Target to 18%; Increases 2008 Production Target to 17% From 15%; Adds to 2008 Hedge Position

Posted on: Tuesday, 23 October 2007, 09:01 CDT

FORT WORTH, Texas, Oct. 23 /PRNewswire-FirstCall/ -- S XTO Energy Inc. has updated operational and financial guidance based on current expectations for production, expenses, and other parameters resulting from ongoing operations and development budget activities. These statements are forward looking, as described in the final paragraph of this release, and actual results may differ materially. These estimates do not include derivative fair value gains and losses, the effects of other possible future acquisitions or divestitures, or unforeseen events that may occur after this release.

Production

The Company is targeting annual production growth of 18% for 2007 and is increasing its production growth target to 17% from 15% for 2008. The Company's estimated ranges of average daily production for the remainder of 2007 are:

Q4 Natural Gas (MMcf) 1,650 - 1,660 NGL (MBbl) 15 Oil (MBbl) 48 Total Gas Equivalent (MMcfe) 2,028 - 2,038 Price Realizations and Differentials

The Company's realized natural gas and oil prices are expected to average below the NYMEX prices due to regional differentials. The following are estimated pricing differentials, or percentage reductions to NYMEX prices, before consideration of any hedging activity:

Q4 Differential (Percentage of NYMEX) Natural Gas 12 - 14% Oil 8 - 10%

Realized pricing for natural gas liquids (NGL) is expected to be about 55% to 65% of the average NYMEX oil price.

Expenses

The following table presents the Company's expected expenses per Mcfe assuming a $7.00 per Mcf NYMEX gas price and a $75.00 per Bbl NYMEX oil price:

Expense ($/Mcfe) Q4 Production 0.90 - 0.95 Taxes, transportation and other 0.65 - 0.75 Exploration 0.05 - 0.10 Depreciation, depletion and amortization 1.85 - 1.90 Accretion of asset retirement obligation 0.02 - 0.04 General and administrative: cash 0.25 - 0.30 General and administration: non-cash, stock-based 0.08 - 0.12 Interest 0.45 - 0.50 Hedging The Company's current NYMEX hedging positions for natural gas and oil are: Mcf or Bbls NYMEX Price per Day per Mcf or Bbl PRODUCTION: Natural Gas Oct-Dec 2007 980,000 $8.97 Jan-Dec 2008 1,000,000 $8.35 Oil Oct-Dec 2007 37,500 $74.40 Jan-Dec 2008 30,000 $74.20 Income Tax

For the remainder of the year, the Company projects a 37% effective tax rate, with up to 45% of that amount expected to be currently payable.

XTO Energy Inc. is a domestic natural gas producer engaged in the acquisition, exploitation and development of quality, long-lived oil and natural gas properties in the United States. Its properties are concentrated in Texas, New Mexico, Arkansas, Oklahoma, Kansas, Wyoming, Colorado, Alaska, Utah, Louisiana, Mississippi and Montana.

This release can be found at http://www.xtoenergy.com/.

Statements made in this news release, including those relating to production volume growth for 2007 and 2008, average daily production, price realizations and differentials, commodity prices, expenses and income taxes are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management's assumptions and the Company's future performance are subject to a wide range of business risks and uncertainties and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially from those in the forward-looking statements, including, but not limited to, the timing and extent of changes in oil and gas prices, changes in underlying demand for oil and gas, the timing and results of drilling activity, the timing of production, treatment and transportation facility installations, the availability of drilling equipment and technical personnel, curtailments by third-party pipelines and processing or treatment facilities, changes in interest rates and higher than expected production costs and other expenses. The Company undertakes no obligation to publicly update or revise any forward-looking statements. Further information on risks and uncertainties is available in the Company's filings with the Securities and Exchange Commission, which are incorporated by this reference as though fully set forth herein.

XTO Energy Inc.

CONTACT: Louis G. Baldwin, Executive Vice President & Chief FinancialOfficer, or Gary D. Simpson, Senior Vice President, Investor Relations &Finance, both of XTO Energy Inc. +1-817-870-2800

Web site: http://www.xtoenergy.com/

Source: PRNewswire-FirstCall

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