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Concho Resources, Devon Energy To Spend Less In 2020

2020-02-19 11:10:00| OGI

U.S. oil producers have been under pressure from investors to cut back on drilling new wells and instead use the cash for dividends and buybacks.

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Enerplus Taps Wade Hutchings From Devon Energy For COO Role

2020-01-16 20:00:00| OGI

Wade Hutchings appointment as COO, effective Feb. 11, is in conjunction with the retirement of Ray Daniels, who has had a decades-long career in the energy industry including 12 years at Enerplus.

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Devon Energy Expects To Book Charge Tied To Barnett Asset Sale

2019-12-19 11:35:19| OGI

Devon Energy said Dec. 18 it expects to take a non-cash pretax charge of $650 million to $750 million in the fourth quarter related to the sale of its assets in the Barnett Shale.

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Devon Energy To Exit Barnett Shale In $770 Million Sale

2019-12-18 03:05:00| OGI

The buyer of Devons Barnett position is Kalnin Ventures, a gas-focused investment vehicle backed by Thailand-based coal mining and power generation company Banpu Pcl.

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Devon Energy Secures $100 Million For Stack Drilling JV

2019-12-10 22:30:00| OGI

The JV partnership is the second Devon Energy has formed with Dow in recent years as E&Ps are increasingly left with fewer capital options.

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