Concho Resources Inc.
Concho Resources explores and develops properties, located primarily in the Permian Basin region of eastern New Mexico and West Texas, for the production of oil and gas. Concho Resources Inc. also owns properties in North Dakota and Arkansas. More than half of the company's 550 billion cu. ft. in proved reserves is made up of crude oil, while the rest consists of natural gas. Concho Resources gets two-thirds of its sales from crude oil. Two customers, energy marketers Navajo Refining Company (60% of 2007 sales) and DCP Midstream (23%), account for a great majority of Concho's sales. Concho Resources Inc. has more than 85 producing wells in operation.
Contact Details
Office Address
Concho Resources Inc.
550 West Texas Avenue,Suite 1300
Midland, Texas, USA 79701
Phone: (432) 683-7443
Fax: (432) 683-7441
Executives
Chairman, Chief Exec. Officer, Pres
Mr. Timothy A. Leach
Chief Financial Officer, VP and Treasurer
Mr. Darin G. Holderness