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Enterprising Investor

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Re: Enterprising Investor post# 19

Thursday, 09/17/2015 4:15:38 PM

Thursday, September 17, 2015 4:15:38 PM

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The acquisition of privately-held RKI Exploration & Production, LLC provides WPX with Permian assets.

I was recently asked to partner on the analysis of four companies. Two were in the E&P industry. Although I could not recommend buying WPX at the time, I believe the Permian is the good place to be once oil prices recover.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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