Another Day, Another Permian Deal

WPX Energy joined in the Permian deal making fray, announcing a $775mm Delaware Basin acquisition late Thursday.

2017 operating plan announcements from Permian Independents aren’t the standard fare this year. We are used beginning of year E&P operating plans stating capex, production, and drilling program summaries. This year they are following a new pattern. We describe the essential components and break down the WPX announcement in this update.

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