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Devon, WPX Energy Shareholders Approve $5.75 Billion All-stock Merger

2020-12-31 15:35:00| OGI

The combined companyto be named Devon Energyis set to create a leading unconventional oil producer in the U.S. with a dominant Delaware Basin acreage position, according to a joint release from September announcing the proposed merger.

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Denbury to Grow Rocky Mountain Footprint with Devon Energy Bolt-on Acquisition

2020-12-29 18:00:00| OGI

Denbury agreed to pay a subsidiary of Devon Energy up to $20 million in cash to acquire a pair of CO EOR fields in Wyomings Freemont County.

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Devon Energy Lowers Full-year Capex Forecast

2020-10-29 21:35:00| OGI

Devon Energy said it now expects exploration and production capex to be between $950 million and $990 million, $10 million lower at the top end of an earlier forecast, its third reduction to the budget since March.

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Devon Energy Completes Barnett Shale Exit to Kalnin Ventures

2020-10-02 11:05:00| OGI

Devon Energy received a net cash payment of $320 million for the Barnett Shale assets at closing, which the Oklahoma City-based company said in August will coincide with a special dividend to shareholders worth $100 million.

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US Shale Producers Devon, WPX Energy Reportedly in Talks to Merge

2020-09-27 23:30:00| OGI

From an oil production standpoint, the combination of U.S. shale producers Devon and WPX Energy would put the pro forma company among the largest in the E&P sector, analyst Gabriele Sorbara says.

Tags: energy talks producers merge

 

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