WPX Energy Commences Cash Tender Offers and Consent Solicitations

TULSA, Okla.--(BUSINESS WIRE)--WPX Energy (NYSE:WPX) announced today that it has commenced cash tender offers (the “Tender Offers”) to purchase up to $500,000,000 aggregate purchase price (as it may be increased by WPX, the “Aggregate Maximum Tender Amount”) of its outstanding 8.25 percent Senior Notes due 2023 (the “2023 Notes”), 6.000 percent Senior Notes due 2022 (the “2022 Notes”) and 5.25 percent Senior Notes due 2024 (the “2024 Notes” and, together with the 2023 and the 2022 Notes, the “Notes”).