Concho Resources Inc. on Closing of Henry Petroleum Acquisition

August 1, 2008 Filed Under: Oil and Gas  

Concho Resources Inc. is reported by the media that the company has announced that it has closed the previously-announced acquisition of Henry Petroleum and certain affiliated entities (collectively “Henry”). Cash paid at closing totaled approximately $560 million. In addition, the Company purchased additional non-operated rights and interests in certain Henry properties from persons affiliated...