Concho Resources Announces Management Addition

  Concho Resources Announces Management Addition

Business Wire

MIDLAND, Texas -- July 1, 2013

Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced
that it has appointed Brenda R. Schroer as the Company’s Vice President and
Chief Accounting Officer. Previously, Ms. Schroer was with Ernst & Young LLP
since 1999, including her most recent position as Americas Oil & Gas Sector
Resident within the professional practice group. She received a Bachelor of
Business Administration in Accounting from West Texas A&M University, received
a Master of Science in Accounting from Texas A&M University and is a certified
public accountant.

Darin Holderness, Concho’s Senior Vice President and Chief Financial Officer,
commented, "I have always been impressed with Brenda when working with her in
the past and am excited to add someone with her level of financial and
accounting experience to our team."

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
 
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