Devon Plans To Exit Canada But Won’t ‘Give The Assets Away’: CEO

Devon Energy Corporation’s plan to shed or spin-off its Canadian and Barnett shale assets is indicative of its quest to transform into a “high-return U.S. oil growth business,” but there won’t be a fire-sale of the company’s business interests north of the 49th parallel, Devon’s top executive said this morning.

Continue Reading.
Start a Free Trial

Canada’s most trusted and comprehensive source of oil and gas industry insight and intelligence.

Start a free trial Start your free trial

Enjoy a 14 day free trial and see the benefits:

  • 3X Daily News Briefs
  • Oilsands Data
  • Interactive Data Dashboards
  • Infographics
  • And more

Your company may have purchased an enterprise-wide subscription for the Daily Oil Bulletin.

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.