Devon Energy Kicks Off Transformation With $2.8 Billion Canada Exit

Transaction Type
Basin
Western Canadian Sedimentary Basin; Athabasca Oil Sands
Announce Date
Post Date
Close Date
Estimated Price
3.8BB
Description

Purchased Devon’s Canadian asset portfolio consisting of heavy oil assets principally located in Alberta and the Athabasca oil sands with net production averaging 113,000 boe in 1Q 2019.