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Concho Resources Inc
Howard Weil Energy Conference
| Timothy A. Leach | Page 4 of 11 |
December 21, 2014
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4 Ticker: Market Cap1: $11.1 billion Enterprise Value2: $12.8 billion 1 Based on 3/21/11 closing price of $108.33 and 102.8 million shares outstanding at 12/31/10. 2 Debt at 12/31/10. 3 Includes approximately 1.4 MBoepd associated with our non-core Permian Basin divestiture. 4 Year end 2010 reserves run at SEC pricing. 5 As of 12/31/10. Concho Acreage ? Average daily Q4 2010 production of 54.4 MBoepd3 ? 323.5 MMBoe year end 2010 proved reserves (98% Permian)4 ? 788,367 gross (374,743 net) acres5 ? Approximately 6,200 drilling locations5