Concho Resources Expands Management Team

  Concho Resources Expands Management Team

Business Wire

MIDLAND, Texas -- May 15, 2013

Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced
that it has appointed Will Giraud as the Company’s Senior Vice President and
Chief Commercial Officer. In this new position, Mr. Giraud is responsible for
the Company’s business development, legal, government relations and other
administrative functions. Mr. Giraud previously served as the Company’s Senior
Vice President and General Counsel.

In addition, the Company has appointed Travis Counts as its Vice President and
General Counsel. Prior to joining Concho, Mr. Counts served in the legal
departments of several public upstream energy companies, including his most
recent position as Vice President—Legal and Deputy General Counsel of Halcon
Resources Corporation.

Tim Leach, Concho’s Chairman, CEO and President, commented, "Will has been a
key member of Concho’s management team since joining us in 2009 and I look
forward to him playing a greater role in the Company’s business in this new
position. In addition, I’m thrilled to have someone of Travis’s caliber join
our Company. I look forward to working with Will, Travis and the rest of our
team to continue building upon the momentum we have established over the last
few years.”

About Concho Resources Inc.

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. For more information, visit Concho’s
website at www.concho.com.

Contact:

Concho Resources Inc.
Price Moncrief, 432-683-7443
Vice President of Capital Markets and Strategy