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XCXP Operating, L. P. and its operating subsidiary, BVX Operating, announce the addition of Rick Himbury as Vice President of Operations

11-02-2011 01:57 AM CET | Energy & Environment

Press release from: XCXP Operating

/ PR Agency: Advertas
Houston, Texas – 01 November 2011 - XCXP Operating, L.P. and its operating subsidiary, BVX Operating, Inc., an independent oil & gas producer, announced today that Rick Himbury will join the company as a partner and assume the position of VP of Operations.

Mr. Himbury brings over thirty years of operations experience in drilling and production. Prior to joining XCXP Operating, Mr. Himbury held operations and field supervisory positions at Conoco and later Conoco Phillips with steadily increasing responsibility, starting in 1979. At Conoco, Mr. Himbury has extensive experience in managing large oil and gas fields producing over 15,000 bopd and 100 MMCFD, and has been accountable for a 40 MM$ operating budget, co-managed 100 MM$ AFE projects and was responsible for implementing the compliance practices for safety, environmental and regulatory rules within his regions of responsibility.

“Rick will be a valuable addition to our management team. His experience in the industry allows current partners, William Vargas and I, the ability to focus on acquisition of new properties and exploitation strategies,” says Bill Burns, President of BVX Operating, Inc. “Rick joins us as the third partner and will be responsible for operations. We have every confidence that Rick’s management, drilling and production experience will enhance our operations.”

XCXP Operating, L. P. and its operating subsidiary is a Midland Based Oil and Gas Company with offices in Midland and Katy, Texas. BVX Operating, Inc just completed a successful ten well drilling campaign in Andrews and Ector Counties in Texas and will drill an additional five to eight wells this year. BVX Operating, Inc. currently produces 370 bopd 850 mcfd in Andrews and Ector County and recently purchased new leases on 4,640 acres in Sterling County increasing their total acreage position to 6,170 in the Permian Basin.

About XCXP Operating L.P.

XCXP Operating L.P (http://xcxpoperating.com/) is a Texas limited partnership that was formed in September 2009. The company creates value by identifying potential acquisitions with production
enhancement opportunities and applies proven production/reservoir engineering techniques and new technologies. The management team has over eighty years’ combined experience in all aspects of the Oil & Gas industry. The unique skills of the management team, including their knowledge of reservoir, production, facilities and operations, uniquely positions the company for aggressive growth while managing risks.

XCXP Operating
22503 Katy Freeway, Suite 5
Katy, Texas, 77450
281-496-2300
Leslie Hoffman

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