July 31, 2017 archive

Devon Makes $205 million Divestiture of Assets in South Texas

Oklahoma City-based Devon Energy has taken another step in its $1 billion divestiture program with the sale of nearly 20,000 of holdings the Eagle Ford play of south Texas. The 19,600 acres was sold to Penn Virginia Corp. for $205 million cash in a deal targeted to be closed by Sept. 30. Penn Virginia officials …

Continue reading »