EUR Increase of 25% WPX Energy (ticker: WPX), a Tulsa-based exploration and production company with focus areas in the Piceance, San Juan and Williston basins, is preparing to ramp up activity in the second half of 2015. The company announced the acquisition of 14,300 net acres in the San Juan last week, and now plans on increasing its Williston rig
WPX Energy (ticker: WPX) added 14,300 net acres to its San Juan Basin asset on June 22, 2015, increasing its overall position in the region to 100,000 net acres. WPX believes it holds 500 gross drilling locations across the Gallup oil window, including approximately 100 new locations from its recent acquisition. The assets were purchased from an undisclosed buyer for $26
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