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News Breaks
May 1, 2014
07:29 EDTCLR, WPXWPX Energy names Rick Muncrief as CEO, effective May 15
The WPX Energy (WPX) Board of Directors has named Richard E. "Rick" Muncrief as the company’s next president and CEO. The appointment is effective May 15. He also will join the WPX board following the company’s annual meeting of shareholders on May 22. Muncrief is a petroleum engineer who has more than 30 years of upstream and midstream energy experience, most recently as senior vice president of operations and resource development at Continental Resources (CLR) where he oversaw corporate engineering, reservoir development, drilling, production operations and supply chain management.
News For WPX;CLR From The Last 14 Days
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November 20, 2015
09:44 EDTWPXAres EIF Group completes $185M Van Hook Gathering System acquisition
Ares Management (ARES) announced that a fund managed by its Ares EIF group has completed its acquisition of the Van Hook Gathering System in North Dakota from WPX Energy (WPX) in a transaction valued at $185M. The transaction was originally announced on August 31, 2015. The acquisition consists of pipeline systems that currently gather approximately 11,000 barrels of oil, 6,500 million cubic feet of natural gas, and 5,000 barrels of water per day from WPX Energy's Bakken shale oil assets. WPX Energy will continue to operate the Van Hook Gathering System, and MCP Operating, LLC, a subsidiary of MCP Asset Development Group, will provide asset management services for the investment.
November 17, 2015
08:10 EDTCLRMitsubishi UFJ to hold a conference
Oil & Gas Conference is being held in New York on November 17.

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