XTO Xto Energy, Inc.

FORT WORTH, Texas, July 22 /PRNewswire-FirstCall/ -- XTO Energy Inc. (NYSE:XTO) announced today that the Company is increasing its 2009 production growth target to 22% based on projected development activities and acquisitions already announced in 2008. In order to achieve this production growth, the 2009 development budget is estimated to be $4.6 billion. The Company plans to utilize about 120 operated drilling rigs. Another $700 million will be allocated for pipeline infrastructure, compression and processing facilities. 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, Montana, North Dakota, Pennsylvania and West Virginia. Statements made in this news release, including those relating to the 2009 production growth target, development budget for 2009, number of operated drilling rigs, and the budget for pipelines, compression and processing facilities 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, failure to close previously-announced pending acquisitions, objection to pending transactions by the Federal Trade Commission under the Hart-Scott-Rodino Act, 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, production downtime due to maintenance, weather or other factors outside the Company's control, the availability of drilling equipment and technical personnel, changes in interest rates, higher than expected production costs and other expenses, general economic conditions, failure to obtain or delays in obtaining necessary permits for construction projects and failure to timely integrate acquired properties and personnel. 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. DATASOURCE: XTO Energy Inc. CONTACT: Louis G. Baldwin, Executive Vice President & Chief Financial Officer, 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/

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