Devon Energy Announces $2.3 Billion Sale of U.S. Non-Core Assets
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“With the sale of our remaining non-core assets, the portfolio
transformation that we announced late last year is now complete,” said
“Devon is now concentrated in some of the most attractive
Devon’s production from these non-core U.S. assets is currently 275
million cubic feet of gas equivalent per day, of which approximately 80
percent is natural gas. At
The transaction is subject to customary terms and conditions and is
expected to close in the third quarter of 2014, with an effective date
of
This press release includes "forward-looking statements" as defined
by the
Source:
Devon Energy Corporation
Investor Contacts
Howard Thill,
405-552-3693
or
Scott Coody, 405-552-4735
or
Shea
Snyder, 405-552-4782
or
Media Contact
Tim Hartley,
405-552-4994