Devon Energy Divests $1 Billion In Upstream; More To Come

Transaction Type
Announce Date
Post Date
Close Date
Estimated Price
310MM
Description

Acquired the Oklahoma City company's noncore position in the Anadarko Basin's Granite Wash area; included 1Q 2016 average net production of 14,000 boe/d, 13% oil. (Closed 3Q 2016)

Devon Energy Divests $1 Billion In Upstream; More To Come