TULSA, Okla.--(BUSINESS WIRE)--
WPX Energy (NYSE:WPX) officially named J. Kevin Vann as Senior Vice
President and Chief Financial Officer. Vann has more than 20 years of
experience in accounting and risk management.
Vann had been serving in both roles on an interim basis since March. He
was with WPX during its spinoff, having served as the company’s
controller since 2006 and also as its chief accounting officer.
“I really appreciate Kevin’s ability, confidence and outlook,” said Rick
Muncrief, WPX president and chief executive officer. “He’s well regarded
throughout the organization and is eager to be a part of the team that
is charged with transforming WPX and delivering improved performance,
both financially and operationally.”
Vann is a graduate of Oklahoma State University and member of the
Oklahoma State Accounting Alumni Council. He served on the Board for
Youth Services of Tulsa and the Advisory Council for the American Lung
Association.
About WPX Energy, Inc.
WPX Energy is an independent exploration and production company formed
during a spinoff two years ago. Overall, WPX has more than 30 years of
experience in its sector along with 40 local, state and federal awards
for efficiency, innovation and corporate social responsibility.
This press release includes “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995. All
statements, other than statements of historical facts, included in this
press release that address activities, events or developments that the
company expects, believes or anticipates will or may occur in the future
are forward-looking statements. Such statements are subject to a
number of assumptions, risks and uncertainties, many of which are beyond
the control of the company. Statements regarding future drilling
and production are subject to all of the risks and uncertainties
normally incident to the exploration for and development and production
of oil and gas. These risks include, but are not limited to, the
volatility of oil, natural gas and NGL prices; uncertainties inherent in
estimating oil, natural gas and NGL reserves; drilling risks;
environmental risks; and political or regulatory changes. Investors
are cautioned that any such statements are not guarantees of future
performance and that actual results or developments may differ
materially from those projected in the forward-looking statements. The
forward-looking statements in this press release are made as of the date
of this press release, even if subsequently made available by WPX Energy
on its website or otherwise. WPX Energy does not undertake and
expressly disclaims any obligation to update the forward-looking
statements as a result of new information, future events or otherwise.
Investors are urged to consider carefully the disclosure in our
filings with the Securities and Exchange Commission, available from us
at WPX Energy, Attn: Investor Relations, P.O. Box 21810, Tulsa,
Okla., 74102, or from the SEC’s website at www.sec.gov.
Source: WPX Energy, Inc.