Concho Resources Inc. Announces the Closing of Two Permian Basin Acquisitions and Updates 2010 Guidance.

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Concho Resources Inc. Announces the Closing of Two Permian Basin Acquisitions and Updates 2010 Guidance.

MIDLAND, Texas -- Concho Resources Inc. (NYSE: CXO) ("Concho" or the "Company") today announced that it has closed two acquisitions of interests in producing and non-producing assets in the Wolfberry trend of the Permian Basin for approximately $260 million.

The $225 million acquisition that the Company announced on November ...

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