WPX Energy plans exit of Marcellus Shale

WPX Energy plans exit of Marcellus Shale

Saturday, May 30, 2015 by Katie Woods

WPX Energy recently announced that it plans to leave the Marcellus Shale and focus instead on shale plays in the western part of the country, according to Denver Business Journal.

The company sold $200 million in assets to an undisclosed buyer.

Currently, the only WPX operations in the Marcellus Shale are located in Westmoreland County, Pennsylvania. In early 2015, WPX sold its assets in northeastern Pennsylvania assets and its international assets in Argentina and Columbia.

Via: Denver Business Journal > WPX Energy completes $200 million sale of northeastern U.S. assets

Southwestern Energy acquires deal from WPX Dec. 8, 2014

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