E&P startup agrees to buy WPX's Piceance unit for $910 million

Posted on February 15, 2016 at 11:25 am.

Houston-based exploration and production startup Terra Energy Partners LLC has agreed to acquire WPX Energy Rocky Mountain LLC, a wholly owned subsidiary of WPX Energy Inc., Tulsa, for $910 million. The deal is expected to close in the second quarter.

Source: News