Devon Energy has completed its previously announced acquisition of the leasehold interest and related assets of RimRock Oil and Gas in the Williston Basin for a total cash consideration of $865 million.
Devon Energy expects the RimRock transaction to position the company’s Williston Basin assets to maintain high-margin production and strong cash flow for several years.
Devon Energy Grows Williston Basin Position with $865M Deal - Natural Gas Intelligence naturalgasintel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naturalgasintel.com Daily Mail and Mail on Sunday newspapers.
Devon Energy completes Williston Basin acquisition journalrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalrecord.com Daily Mail and Mail on Sunday newspapers.