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WPX Energy has completed its previously announced acquisition of Felix Energy, which has operations in the eastern portion of the Permian's Delaware Basin.
As expected, Felix was producing 60 MBoe/d (70% oil) at the close of the transaction. Including these assets, WPX now produces more than 150,000 barrels per day of oil from its operations in the Delaware and Williston basins.
Jefferies LLC acted as financial advisor to Felix on the transaction. Vinson & Elkins LLP served as legal advisor to Felix.
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