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Concho Resources to sell New Mexico assets for $925 mln

Sept 3 (Reuters) - U.S. oil and gas producer Concho Resources Inc said on Tuesday it would sell its New Mexico assets for $925 million to an affiliate of privately-held Spur Energy Partners LLC.

In addition, the company will start a share repurchase program of up to $1.5 billion.

(Reporting by Shanti S Nair in Bengaluru; Editing by Arun Koyyur)