Devon Energy Completes $5 Billion Grayson Mill Energy Acquisition

MT Newswires Live
2024-09-28

Devon Energy (DVN) said late Friday it has closed its $5 billion acquisition of Grayson Mill Energy, adding a high-margin oil and natural gas producer to Devon's US operations.

The deal includes around 307,000 net acres of new property, 500 undrilled gross locations and 300 re-frac candidates, the company said.

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