Devon Energy Mulls $4 Billion Exit From Eagle Ford, Powder River Assets
Deals·1 article across 1 outlet
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Devon Energy Corp. is exploring a sale of its Eagle Ford and Powder River shale assets as part of a streamlining of its portfolio, which together could fetch more than $4 billion, according to people familiar with the matter.
The potential sale reflects Devon's strategy to optimize its asset base and focus on more profitable ventures.
Devon Energy
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“Devon Energy Corp. is exploring a sale of its Eagle Ford and Powder River shale assets as part of a streamlining of its portfolio, which together could fetch more than $4 billion, according to people familiar with the matter.”
Bloomberg — Devon Said to Mull $4 Billion Exit From Eagle Ford, Powder River