Tuesday, March 10, 2026

WPX Energy Board Adds Chairman’s Title to Company’s CEO

WPX Energy’s (ticker: WPX) board of directors has unanimously elected Richard E. “Rick” Muncrief as it next chairman, effective Jan. 1, 2017. Muncrief also is WPX’s president and chief executive officer, positions he has held since May 15, 2014. Since joining WPX, Muncrief has led a comprehensive transformation of the company. The turnaround entailed more than $5 billion of A&D

Pickens, Mesa Petroleum and Dallas Lawyer Won Over Jurors, $146M Award

From Texas Lawyer When wealthy people ask jurors to settle their battles, their lawyers run the risk of running headlong into popular sentiment against the “one percent.” Those were the circumstances last month at a trial that pitted T. Boone Pickens against three Texas oil companies before a Reeves County jury. The litigants wanted to resolve a 10-year-old contractual dispute