Concho Resources Inc. (NYSE:CXO) Files An 8-K Regulation FD DisclosureItem 7.01
On September13, 2017, Concho Resources Inc. (the “Company”) issued a press release announcing the commencement of a cash tender offer (the “Offer”) to purchase any and all of the outstanding $600,000,000 aggregate principal amount of its 5.5% senior notes due 2022 and the outstanding $1,550,000,000 aggregate principal amount of its 5.5% senior notes due 2023. The terms and conditions of the Offer are described in the Offer to Purchase dated September 13, 2017, and the Letter of Transmittal and Notice of Guaranteed Delivery relating thereto. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated by reference herein.
In accordance with General Instruction B.2 of Form 8-K, the information furnished to this Item 7.01 shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information furnished to Item 7.01 shall not be deemed an admission as to the materiality of any information in this report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.
|Item 7.01||Financial Statements and Exhibits.|
CONCHO RESOURCES INC ExhibitEX-99.1 2 d458022dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Concho Resources Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 5.5% Senior Notes due 2022 and 5.5% Senior Notes due 2023 Midland,…To view the full exhibit click
About Concho Resources Inc. (NYSE:CXO)
Concho Resources Inc. is an independent oil and natural gas company engaged in the acquisition, development and exploration of oil and natural gas properties. The Company’s operations are focused in the Permian Basin of Southeast New Mexico and West Texas, an onshore oil and natural gas basin in the United States. Its three core operating areas include New Mexico Shelf, where it targets the Yeso formation with horizontal drilling; Delaware Basin, where it uses horizontal drilling and technology to target the Bone Spring formation and the Wolfcamp shale formation, and Midland Basin, where it targets the Wolfcamp and Spraberry formations with horizontal drilling. The Company has reserves of approximately 623.5 million barrels of oil equivalent (MMBoe) that are located in its core operating areas. The Company’s core operations are focused in the Permian Basin, which underlies an area of Southeast New Mexico and West Texas approximately 250 miles wide and 300 miles long.