Key Developments: WPX Energy Inc (WPX.N)
18.87USD
1 Aug 2013
$-0.34 (-1.77%)
$19.21
$19.26
$19.56
$18.29
885,441
567,186
$21.11
$14.05
Latest Key Developments (Source: Significant Developments)
WPX Energy Inc Reaffirms FY 2013 Production Guidance
WPX Energy Inc announced that for fiscal 2013, it expects production of 1,261 MMcfe/d to 1,295 MMcfe/d. Full Article
WPX Energy Inc Issues FY 2013 Production Guidance
WPX Energy Inc announced that for fiscal 2013, it expects production of 1,261 MMcfe/d to 1,295 MMcfe/d. Full Article
WPX Energy Inc Reaffirms FY 2012 Production Guidance
WPX Energy Inc reaffirmed fiscal 2012 production goal of 1,380 million cubic feet equivalent per day at year-end, which consists of 1.1 billion cubic feet per day of natural gas, 18,100 barrels per day of oil and 29,400 barrels per day of natural gas liquids. Full Article
WPX Energy Inc Signs Agreement To Sell Texas, Oklahoma Properties
WPX Energy Inc announced that it has signed an agreement to divest its holdings in Texas’ Barnett Shale and the Arkoma Basin in Oklahoma for $306 million, subject to closing adjustments. The properties represent less than 5% of the Company’s year-end 2011 proved domestic reserves. The Barnett shale properties include current net production of approximately 67 million cubic feet per day. The Barnett properties include approximately 27,000 net acres, interests in 320 wells and 91 miles of pipeline. The Arkoma properties include approximately 66,000 net acres, interests in 525 wells and 115 miles of pipeline. The purchaser is an investor group comprised of KKR Natural Resources and Premier Natural Resources. The parties expect to close the transaction during the second quarter. Full Article
WPX Energy Inc Revises FY 2012 Production Guidance
WPX Energy Inc announced that it has previously announced to grow its overall production by 4% in fiscal 2012 on an Mcf equivalent basis, driven by capital investments in oil and NGL production. Natural gas production is expected to remain flat in fiscal 2012. Full Article

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