Concho Resources

Concho Resources Inc. (Concho) is an independent oil and natural gas company. The Company is engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties. Its core operations are focused in the Permian Basin of Southeastern New Mexico and West Texas. The Permian Basin underlies an area of Southeastern New Mexico and West Texas approximately 250 miles wide and 300 miles long. At December 31, 2008, 97.9% of its total estimated net proved reserves were located in the Company's core operating areas and consisted of approximately 62.9% crude oil and 37.1% natural ...


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