Current WPX Stock Info

$700 million proceeds for Gallup oil play 
‘Our bias for action has completely reshaped our story’ – Rick Muncrief 
WPX Energy (ticker: WPX) announced its exit from the San Juan Basin, selling its assets in the Gallup oil play.  

WPX will divest its remaining San Juan assets, in the Gallup oil play, for $700 million, completing its exit from the basin.  

WPX did not disclose the identity of the buyer. WPX reports its Gallup assets produced about 10.8 MBOPD in Q3, but had limited drilling prospects. Overall, the Gallup position represent...


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