WPX Energy to Host Feb. 28 Webcast

  WPX Energy to Host Feb. 28 Webcast

         Senior Management Will Discuss 2012 Results and 2013 Outlook

Business Wire

TULSA, Okla. -- January 14, 2013

WPX Energy (NYSE:WPX) plans to conduct a webcast for analysts and investors on
Thursday, Feb. 28 in tandem with the release of its 2012 fourth-quarter and
year-end financial results.

The company’s 2012 proved reserves report and 2013 capital spending,
operational and financial guidance will be available earlier in advance of the
2012 year-end results.

WPX President and Chief Executive Officer Ralph A. Hill will begin the Feb. 28
discussion at 10 a.m. Eastern. Hill will be joined by WPX Chief Financial
Officer Rodney J. Sailor and other members of senior management.

Participants are encouraged to access the event and the slide presentation at
www.wpxenergy.com. A limited number of phone lines also will be available at
(866) 510-0676. International callers should dial (617) 597-5361. The
participant passcode for both lines is 69817966.

A replay will be available on WPX’s website for one year following the event.
Visitors to www.wpxenergy.com also can see and hear stories from WPX
employees, landowners, management and the board of directors.

WPX is included in the S&P 500 Index. The company has nearly 1.6 million net
acres under lease and is applying its large-scale development experience in
three key producing areas. The company’s operations are levered to upside in
natural gas prices, and includes a growing oil and liquids portfolio.

About WPX Energy, Inc.

WPX Energy is an exploration and production company focused on developing its
significant oil and gas reserves, particularly in the liquids-rich Piceance
Basin, the Bakken and Three Forks oil shales and the Marcellus Shale. WPX also
has domestic operations in the San Juan and Powder River basins, as well as a
69 percent interest in Apco Oil and Gas International. Go to
http://www.wpxenergy.com/investors.aspx to join our e-mail list.

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.

Contact:

WPX Energy, Inc.
Media Contact:
Kelly Swan, 539-573-4944
or
Investor Contact:
David Sullivan, 539-573-9360
 
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