Concho Resources is an oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. Co. refers to its three core operating areas as the New Mexico Shelf, where it primarily targets the Yeso formation; the Delaware Basin, where it primarily targets the Bone Spring formation (including the Avalon shale and the Bone Spring sands) and the Wolfcamp shale; and the Texas Permian, where it primarily targets the Wolfberry, a term applied to the combined Wolfcamp and Spraberry horizons. As of Dec 31 2012, Co. had total proved reserves of 273.5 million barrels of oil and 1,042.08 billion cubic feet of natural gas.
CXO — Key Stats (updated Monday, March 3, 10:54 AM)
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