Devon Energy Doubles its Eagle Ford Footprint in $1.8 Billion Deal
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
$1,800.0MM
Description
Bought privately held Validus Energy with a position of 42,000 net acres in the core of the Karnes County oil window in South Texas adjacent to Devon’s existing leasehold; average production is 35,000 boe/d.