FRIENDS OF LPB HONORS SEVEN LOUISIANA LEGENDS AT THE 2022 GALA bossierpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bossierpress.com Daily Mail and Mail on Sunday newspapers.
Devon Energy announces board change
OKLAHOMA CITY â Devon Energy Corp. announced that D. Martin Phillips, a managing partner of the EnCap Investments LP, will resign from the companyâs board of directors effective immediately.
The resignation is following a reduction in EnCapâs holdings in Devon through disposition transactions that occurred Feb. 22.
The resignation is consistent with the provisions of a shareholder agreement that permitted EnCap to designate a director if a 10 percent ownership threshold of Devon s outstanding common stock was maintained.
Phillips joined Devonâs board of directors in January by way of the companyâs merger with WPX Energy. Phillips became a member of WPX Energyâs board in 2020.
Devon Energy Corp. (NYSE: DVN) announced today that D. Martin Phillips, a managing partner of the EnCap Investments, L.P. (EnCap), will resign from the
Press release content from Business Wire. The AP news staff was not involved in its creation.
Devon Energy and WPX Energy Complete Merger of Equals Transaction
January 7, 2021 GMT
TULSA, Okla. (BUSINESS WIRE) Jan 7, 2021
Devon Energy Corporation (“Devon”) (NYSE: DVN) and WPX Energy, Inc. (“WPX”) (NYSE: WPX) today announced the successful completion of their previously announced all-stock merger of equals, creating a leading energy producer in the U.S., with an asset base underpinned by a premium acreage position in the economic core of the Delaware Basin. The combined company will operate under the name Devon Energy and be headquartered in Oklahoma City.