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WPX to Buy Permian Oil Producer RKI - Wall Street Journal
Wall Street Journal | WPX to Buy Permian Oil Producer RKI Wall Street Journal The deal is the latest in a string of deals made by WPX over the past year as it tries to switch from pumping natural gas to finding new sources of oil. Most of the Tulsa-based company's output is gas, a market that has suffered from low prices for ... WPX Energy enters oil-rich Permian basin with $2.35 billion buy WPX Energy makes $2.75 billion move into oil-rich Permian Basin CompaniesWPX buys RKI for $2.75bn as US oil consolidates |
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