Concho Resources Inc. announced that Joe Wright and Will Giraud, each formerly a Senior Vice President of the company, have been promoted to Executive Vice President. Steve Guthrie, formerly Vice President of Texas, has been promoted to Senior Vice President of Business Operations and Engineering. Mr. Guthrie joined Concho in 2004 and has held positions of increasing responsibility since that time.

In addition, Clay Bateman, formerly an asset manager for the Southern Delaware Basin, has been promoted to replace Mr. Guthrie as Vice President of Texas. Mr. Bateman came to Concho in 2008 and has held various leadership roles within the company's Texas asset teams since that time.