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NEXT WEBCAST: FEB. 25

Join WPX’s senior leadership team on Thursday, Feb. 25, beginning at 10 a.m. Eastern for our latest operations update and quarterly report.

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DOING WHAT WE SAID

WPX has reached nearly $1.5 billion in divestitures since we acquired RKI E&P last August. Our bias for action won’t change.

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Transforming WPX

Canvas WPX Crane

FEW COMPANIES CAN MATCH WHAT WPX HAS UNDERTAKEN OVER THE PAST 21 months. WE’VE BEEN ACTIVE ON THE A&D FRONT, REACHING MORE THAN $5 BILLION IN TRANSACTIONS.

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OUR CHIEF OPERATING OFFICER

WPX promoted Clay M. Gaspar to Senior Vice President and Chief Operating Officer. He has excelled with change management and recruiting technical talent.

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PROTECTING AIR QUALITY

“With all of the information we track, we want to find better and faster ways to collect the data and manage it long-term using new technology tools.”

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There’s a new energy at WPX

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#Piceance exit reinforces $WPX’s #oil focus led by its #Permian Delaware development. Read more: http://goo.gl/2YYyp5
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WPX Energy sells Piceance for $910 million. This is WPX’s second transformational transaction in recent months. The move solidifies WPX as a Permian-focused company and provides a more balanced commodity mix given the pro forma exposure to oil and natural gas. Our CEO Rick Muncrief says, “Our bias for action and being opportunistic won’t change. We will pursue our very best investment options and continually evaluate how to optimize our assets. We’ve created a balanced portfolio with an excellent runway for sustained value generation.” Read more: http://goo.gl/2YYyp5
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Active in A&D: More than $1.5 billion of transactions

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Copyright 2014 WPX Energy

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