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September 5, 2017MMMM d, yyy September 2017 Investor Presentation
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Ray Poage

Ray Poage, Director

Ray M. Poage has served as a director of Concho since 2007 and currently serves as the Chairman of the Audit Committee and as a member of the Nominating & Governance Committee and Reserves Committee.

Mr. Poage was a partner in KPMG from 1980 to 2002 when he retired. Mr. Poage’s responsibilities included providing accounting services, primarily in the area of taxation, to private and publicly held companies engaged in the oil and natural gas industry. Mr. Poage served as the Chairman of the Audit Committee and as a member of the Board of Directors of Parallel Petroleum Corporation from 2003 until the company was sold in 2009.

Mr. Poage holds a Bachelor of Business Administration in Accounting from Texas Tech University in 1972.

Concho Resources Inc. is an independent exploration and production company engaged in the acquisition, development and exploration of oil and natural gas properties. Concho’s operations are concentrated in the Permian Basin of Southeast New Mexico and West Texas.