Devon Energy Corporation
Latest Devon Energy News
Berry Petroleum names Hadden, Reddin to boardPublicly traded independent oil and gas production and exploitation company Berry Petroleum Co. has elected Stephen J. Hadden and Michael S. Reddin to the board of directors. |
Net income dips by $2.7B, but still up 42% over 3Q09
While revenues have made a rebound from the economic doldrums of 2009, net income for the OGJ150 group of companies slipped a little in the third quarter of 2010, with a few notable exceptions.
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'Old' Barnett Shale play still yields some surprises
The Barnett Shale gas play of North Central Texas may be the grandfather of shale gas plays in the United States, but it is still making news.
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Worldwide upstream oil, gas asset acquisitions top record high $107B in 2010Worldwide transactions involving upstream oil and gas assets reached a record $107 billion in 2010, according to preliminary results in the IHS Herold 2011 Global Upstream M&A Review, to be released by research firm IHS. |
BP to sell certain Gulf of Mexico fields to MarubeniAs BP looks to secure funds to pay for this summer's Deepwater Horizon oil spill in the Gulf of Mexico, the company is selling its recently-acquired interests in four mature producing fields in the US Gulf of Mexico to Japan's Marubeni for $650 million. |
New partnership rules shake up shale deals
Price volatility fosters changing business models for gas players
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New partnership rules shake up shale deals
Price volatility fosters changing business models for gas players
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Barclays to buy $1.15B in Barnett shale assets from ChesapeakeChesapeake Energy has sold a five-year VPP in the Barnett shale to Barclays Bank for $1.15 billion. The asset sale adds to near-term liquidity, but as noted by Jefferies & Co., also adds a layer of uncertainty for investors. |
