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Markets

WPX Energy sells Piceane basin assets for $910million

WPX Energy is selling its natural gas assets in the Piceane basin for $910million.
By Energy reporter
09/02/2016, 1:13 pm
Market news
Market news

WPX Energy is selling its natural gas assets in the Piceane basin for $910million.

The company said the move was being made to boost liquidity amid the continued decline in oil prices.

The unit will be bought by Terra Energy Partners.

Earlier today, PA Resources revealed it was selling off its North Sea assets.

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