Devon Energy To Sell Its Eagle Ford Assets To Crescent Energy For $4.2B In Cash
TRANSACTION HIGHLIGHTSAsset details: The Eagle Ford assets to be sold consist of approximately 90,000 net acres in Karnes, DeWitt, and Gonzales Counties, Texas. The assets represent approximately 4% of Devon's total
Devon Energy is selling oil and gas land in Texas for 4.2 billion dollars. When a company sells pieces, watch if they need cash or want to focus elsewhere.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.