WPX Energy Makes $2.5 Billion Acquisition Of Felix Energy Official

Transaction Type
Basin
Permian Basin; Delaware Basin
Announce Date
Post Date
Close Date
Estimated Price
$2,500.0MM
Description

Acquired PE-backed Felix Energy II, which has a 58,500 net acre position in the Permian's Delaware Basin in W TX projected to be producing about 60,000 boe/d (70% oil) at time of closing.