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July 31, 2014
08:10 EDTWPXWPX Energy officially names Kevin Vann as CFO
WPX Energy officially named J. Kevin Vann as Senior Vice President and CFO. Vann has more than 20 years of experience in accounting and risk management. Vann had been serving in both roles on an interim basis since March. He was with WPX during its spinoff, having served as the company’s controller since 2006 and also as its chief accounting officer.
News For WPX 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.

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