Devon Energy Secures $100 Million For Stack Drilling JV

Transaction Type
Basin
Midcontinent; Stack Play
Announce Date
Post Date
Close Date
Estimated Price
$100.0MM
Description

Forming drilling JV spanning 133 undrilled locations in the liquids-rich portion of Devon’s Stack position in central Oklahoma; includes half of Devon’s WI in the locations in exchange for a drilling carry over the next four years.