Apco O&G, WPX Energy’s Alter Ego, Ejects Hill as CEO Too

MDN told you yesterday our theory of why WPX Energy CEO Ralph Hill was booted–due to investor meddling from the company’s second largest investor Taconic Capital Advisors (see CEO Shake-up Explained: Taconic Capital Jerking WPX’s Chain). Something we didn’t know was that Ralph Hill was also CEO of another company–Apco Oil & Gas International. Apco is the international arm of WPX (drilling in non-U.S. countries). The two companies share most of the same management and the same board of directors.

Yesterday Apco issued a press release saying Hill was booted from their company too…

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