One Year Later: Devon Continues to Outperform, COO Clay Gaspar Says

Devon Energy COO Glay Gaspar provided insight during Hart Energy’s Executive Oil Conference into the Devon/WPX merger one year later plus why the Permian Basin is the heart of the organization.

One Year Later: Devon Continues to Outperform, COO Clay Gaspar Says

“This is the heart of our company and really the future of our organization,” Devon Energy COO Clay Gaspar said of the company’s Permian position at the kickoff of Hart Energy’s Executive Oil Conference on Nov. 4. (Source: Hart Energy)

MIDLAND, Texas—Roughly a year after announcing its merger with WPX Energy, Devon Energy Inc. continues to prove the $5.75 billion all-stock combination is paying off in spades.

“Happy to report the team has done a phenomenal job,” Devon Energy COO Clay Gaspar told attendees of Hart Energy’s Executive Oil Conference, “continued to execute and I look forward to ‘22 and beyond.”

Gaspar, formerly on the WPX executive team, provided insight during his opening keynote address on Nov. 4 into the Devon/WPX merger one year later plus the importance of its position in the Permian Basin.

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Emily Patsy

Emily Patsy is the senior managing editor for Hart Energy’s Digital News Group. She's responsible for the daily news flow and also manages the A&D Watch and Energy Pulse weekly newsletters.