Quantcast
Channel: Business Wire Contract/Agreement News
Viewing all articles
Browse latest Browse all 9892

Devon Energy Monetizes Non-Core Midland Assets for $858 Million; Increasing 2016 Capital Program $200 Million; Raising 2016 Production Outlook

$
0
0
OKLAHOMA CITY--(BUSINESS WIRE)--Devon Energy Corp. (NYSE: DVN) announced today it has entered definitive agreements to sell its remaining non-core assets in the Midland Basin for $858 million. These transactions include the Company’s upstream assets in the southern Midland Basin and its undeveloped leasehold in Martin County, Texas. This brings total announced non-core transactions to $2.1 billion. “We are pleased to announce these highly accretive non-core divestitures, concluding our E&P


Viewing all articles
Browse latest Browse all 9892

Trending Articles