Published 15 May 2012
WPX Energy has completed the $306m sale of its drilling properties in Texas and Oklahoma, US to a joint venture group led by Kohlberg Kravis Roberts and Co.
About 47,000 barrels per day of oil and NGL production was averaged by WPX during the first quarter of this year.
Total production for all products averaged 1.4 billion cubic feet equivalent in first-quarter 2012, WPX said.
WPX chief executive officer Ralph Hill said, "In terms of our asset portfolio, we will continue to emphasize the development of our oil and liquids-rich areas in the Bakken Shale and Piceance Basin.
WPX Energy is an exploration and production company focused on developing its significant natural gas, natural gas liquids and oil reserves, particularly in the Piceance Basin, Bakken Shale and Marcellus Shale.
oregon ducks oregon ducks oregon football lana turner donald glover julio cesar chavez jr jason segel
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.