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Devon Energy completes sale of Canadian conventional assets

Devon Energy has completed the sale of its Canadian conventional assets to Canadian Natural Resources for C$3.125bn. The company’s retained Canadian business will consist of its thermal heavy oil, Lloydminster and Horn River assets. The company plans to repatriate the proceeds to the US for use in the repayment of debt incurred to finance its Eagle Ford acquisition. 

News Item details


Journal title: Petroleum Review

Keywords: Company news

Countries: Canada -

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