Oklahoma City’s Devon Energy is reported to be among a handful of oil and gas companies interested in pursuing the acquisition of Royal Dutch Shell’s holdings in the Permian Basin as the European Giant considers unloading its operations there.
Reuters included Devon in its list of those firms that might be interesting in buying Shell’s Permian holdings.
ConocoPhillips, Devon Energy, Chevron Corp , EOG Resources and some private energy houses are all potential bidders for some or all of Shell’s Permian assets, according to analysts.
The news agency reported Devon did not comment for the story.
Click here for Reuters story.