Current WPX Stock Info

WPX Energy Inc. (ticker: WPX; WPXEnergy.com) announced on February 9, 2016, that the Company will sell its WPX Energy Rocky Mountain subsidiary business, which focuses on the Piceance Basin of Colorado. The WPX Piceance subsidiary was acquired by Terra Energy Partners LLC for $910 million in cash.

The assets consist of 200,000 net acres in the Piceance Basin with recent net production of about 500 MMcf/d, and the rights to roughly 150,000 net acres in the Mancos-Niobrara play. Terra estimates the assets contain 2 trillion cubic feet (Tcf) of...


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