Add-on Acquisition • Oil/Gas Exploration

WPX Energy Acquires RKI Exploration & Production

On August 17, 2015, WPX Energy acquired oil/gas exploration company RKI Exploration & Production

Acquisition Context
  • This is WPX Energy’s 1st transaction in the Oil/Gas Exploration sector.
  • This is WPX Energy’s 1st transaction in the United States.
  • This is WPX Energy’s 1st transaction in Oklahoma.

Explore All 843 Add-on Acquisition Oil/Gas Exploration Deals - Search the Database Free


M&A Deal Summary

Date August 17, 2015
Target RKI Exploration & Production
Sector Oil/Gas Exploration
Buyer(s) WPX Energy
Deal Type Add-on Acquisition

Target Company

RKI Exploration & Production

Oklahoma City, Oklahoma, United States
RKI Exploration & Production LLC is an independent exploration and production company.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

WPX Energy

Tulsa, Oklahoma, United States

Category Company
Founded 1983
Sector Oil/Gas Exploration
Employees590
Revenue 2.4B USD (2019)
DESCRIPTION

WPX Energy is an exploration and production company focused on developing its significant natural gas, natural gas liquids, and oil reserves, particularly in the Piceance Basin, Bakken Shale, and Marcellus Shale. WPX Energy was founded in 1983 and is based in Tulsa, Oklahoma.


Deal Context for Buyer #
Overall 1 of 1
Sector: Oil/Gas Exploration 1 of 1
Type: Add-on Acquisition 1 of 1
State: Oklahoma 1 of 1
Country: United States 1 of 1
Year: 2015 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-20 WPX Energy - Van Hook Gathering System

Williston Basin, North Dakota, United States

WPX Energy's Van Hook Gathering System consists of pipeline systems that currently gather approximately 11,000 barrels of oil, 6,500 million cubic feet of natural gas. WPX Energy's Van Hook Gathering System is based in Williston Basin, North Dakota.

Sell $185M