This week’s video: Devon Energy has moved more acreage as part of its $1 billion divestiture program. Penn Virginia is buying up Devon's Eagle Ford assets for $205 million, which will increase its leasehold position in the play by 35%. Meanwhile, Anadarko Petroleum is in the final stages of securing a 70% operatorship stake in Delaware Basin acreage it previously shared in a joint venture with Royal Dutch Shell. And ConocoPhillips continues to beat its own A&D expectations with an agreement to sell its Texas Panhandle assets to an undisclosed buyer. Finally, Consol Energy has closed or agreed to sell Marcellus and Utica assets for more than $300 million as it prepares to spin off its coal business.
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