Devon Energy Kicks Off Transformation With $2.8 Billion Canada Exit

Transaction Type
Basin
Western Canadian Sedimentary Basin; Athabasca Oil Sands
Announce Date
Post Date
Close Date
Estimated Price
CA$3,800.0MM
Description

Purchased Devon’s Canadian asset portfolio consisting of heavy oil assets principally located in Alberta and the Athabasca oil sands with net production averaging 113,000 boe in 1Q 2019.