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WPX Energy Offloads Subsidiary For $910 Million

February 9, 2016 No Comments

WPX Energy (NYSE: WPX) announced that it has signed an agreement to sell its wholly owned subsidiary WPX Energy Rocky Mountain, LLC, to Terra Energy Partners LLC for $910 million. The parties expect to close the sale in the second quarter. Additionally, Terra is assuming approximately $100 million in transportation obligations in exchange for more […]

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