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Bloomberg
WPX Energy Inc is in talks to buy the oil and gas exploration assets of closely held Felix Energy for about $2.5 billion, according to people familiar with the matter.
WPX Energy could announce a deal with Denver-based Felix Energy later this month, said one of the people. No final decision has been made and talks could fall through, the people said. Felix Energy, which is backed by private equity firm EnCap Investments LP, operates in the Delaware Basin.