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WPX added a new member to its leadership team. Gaspar is our new senior vice president of operations and resource development.
Oil and NGL sales accounted for 56% of WPX’s domestic 3Q product revenues of $453 million and nearly 26% of the company’s domestic production volumes of just over 1 Bcfe/d.
WPX’s first transaction involving its Marcellus Shale assets marks the company’s sixth agreement to narrow the company’s business focus, increase scalability of core assets, bring value forward and further strengthen its balance sheet.
Our strategy is based on the oil and gas assets we currently have “under the hood.” Take a closer look at the three core areas where we’re investing.
Flexibility matters. We will deploy capital where we have the highest returns. Hear WPX CEO Rick Muncrief talk about building more “optionality.”
Outstanding Operations honors – Colorado Oil and Gas Conservation Commission
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Copyright 2014 WPX Energy
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