On Monday, Shares of WPX Energy Inc (NYSE:WPX), lost - 0.97% to $8.14.
WPX Energy declared that it has successfully closed the purchase of privately held RKI Exploration & Production, LLC.
With the merger complete, WPX now has a substantial presence in the core of the Permian’s Delaware Basin that comprises:
- About 22,000 boe/d of existing production – more than half of which is oil;
- About 92,000 net acres – about 98 percent of which is held by production;
- More than 3,600 gross risked drilling locations across stacked pay intervals; and
- More than 375 miles of scalable gas gathering and water infrastructure.
The Permian Basin is characterized by numerous stacked pay reservoirs, extensive production history, long-lived reserves, and high drilling success rates. The 92,000 net acres represent more than 670,000 prospective net effective acres of stacked pay.
The newly attained Permian assets have existing production from 10 of 12 prospective benches in a 9,000-foot hydrocarbon-charged stratigraphic column that comprises the Wolfcamp, Bone Spring, Avalon and Delaware Sands intervals.
WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States.
Shares of Starz (NASDAQ:STRZA), inclined 3.51% to $38.37, during its last trading session.
Starz is presently offering multi-platform, nationwide sampling of its forthcoming comedy block featuring the first two episodes of its new Original series “Blunt Talk” and the entire six-episode first season of “Survivor’s Remorse.” In addition, “Survivor’s Remorse” Executive Producer LeBron James and “Blunt Talk” series star Patrick Stewart are also sampling their respective series premieres on Facebook for a limited time preceding to the linear season premieres on Saturday, August 22 at 9 PM ET/PT on STARZ.
“Starz has sampled many new original series on multiple platforms – counting Facebook – over the past few years and we continue to witness first-hand the importance of engaging fans in the social media community who have migrated the ‘water cooler talk’ to a much bigger and virtual break room, ” said Starz CEO Chris Albrecht. “The network and our shows, counting ‘Power’ and “Outlander,’ are definitely benefitting from the tremendous online community engagement.”
Starz, through its auxiliaries, operates as a media and entertainment company. It operates through Starz Networks, Starz Distribution, and Starz Animation segments. The Starz Networks segment provides premium subscription video programming to U.S. multichannel video programming distributors (MVPDs), counting cable operators, satellite television providers, and telecommunications companies. Its networks comprise Starz and Encore, which air film content, in addition to original series and specials without advertisements; and MoviePlex that offers various art house, independent films, and classic movie library content.
Finally, Accuray Incorporated (NASDAQ:ARAY), ended its last trade with -1.12% gain, and closed at $6.16.
Accuray Incorporated, will report results for its fiscal fourth quarter and full year ended June 30, 2015 on August 20, 2015 after the market close. Administration will host a conference call to review the results at 1:30 p.m. PT/4:30 p.m. ET on the same day.
Accuray Incorporated designs, develops, and sells radiosurgery and radiation therapy systems for the treatment of tumors in the body. The company offers the CyberKnife System, a robotic stereotactic radiosurgery and stereotactic body radiation therapy system used for the treatment of various types of cancer and tumors in the body.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should/might occur.
