WPX Energy (WPX) Tops Q1 EPS by 39c

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WPX Energy Reports 1Q 2017 Results

May 3, 2017 4:14 PM EDT

Production Ramp Starts in Earnest Following Quarter Close

1Q oil averaged 46,100 bbl/d; current production ~55,000 bbl/d Wolfcamp A Spacing Test Shows Encouraging Results Approaching 10,000 bbls/d on WPXs new Delaware Basin oil gathering system Permian acreage climbs to approximately 135,000 net acres after closing two transactions Wells from Panther transaction exceeding expectations Permian Midstream JV process on track with agreement expected midyear... More