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News Breaks
November 23, 2009
07:31 EDTCXO
theflyonthewall.com: Concho to acquire interests in Wolfberry trend for $225M
Concho Resources announced that it has entered into a definitive agreement with multiple private sellers to acquire interests in certain producing and non-producing assets in the Wolfberry trend in the Permian Basin for $225M in cash, subject to usual and customary closing adjustments. The acquisition of these interests is subject to certain participation rights of third parties; therefore, the company’s final ownership level in these acquired assets will be between approximately 20% and 100%. This transaction is scheduled to close in December and the company will update 2010 guidance when its final ownership is determined. :theflyonthewall.com



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February 6, 2012
06:37 EDTCXO
theflyonthewall.com: Concho: Year end proved reserves of 386.5 MMBoe up 19% y/y
:theflyonthewall.com
06:36 EDTCXO
theflyonthewall.com: Concho reports FY11 estimated production of 23.6 MMBoe , a 51% y/y

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:theflyonthewall.com