Devon Energy Completes Acquisition Of Williston Basin Bolt-On
07/21/22, 8:18 PM
Location
oklahoma cityIndustry
oil and gas
Devon Energy Corp. (NYSE: DVN) today announced that it has completed its previously announced acquisition of the leasehold interest and related assets of RimRock Oil and Gas, LP in the Williston Basin for a total cash consideration of $865 million, less purchase price adjustments.
Company Info
Location
west sheridan avenue
Oklahoma City, Oklahoma, United States
Company info
Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations.