In this week's video exclusive sponsored by NavPort: WPX Energy Inc. keeps finding a way to make plays—a good sign for other E&Ps hoping to move assets. WPX said it would deal its Piceance assets to private equity backed Terra Energy Partners LLC for $910 million.
Sources:
Center Field: WPX Turns Piceance Deal
Energy Transfer CFO Switch Rattles Investors
Chesapeake Counters Market Knee-Jerk Says It's Not Filing Bankruptcy
Feds: Gasoline Hits 12-Year Low; Crude Inventory Highest Since 1930
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