If it’s difficult to remember the last time Devon Energy Corp. made a big acquisition in North America, most energy know-it-alls would be forgiven. The Oklahoma City-based super independent, then living high off the hog from its Barnett Shale winnings, in early 2003 paid $5.3 billion to buy Houston’s Ocean Energy Inc. (see NGI, March 3, 2003).
Alls
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Devon Targets Onshore, Not Acquisitions
If it’s difficult to remember the last time Devon Energy Corp. made a big acquisition in North America, most energy know-it-alls would be forgiven. The Oklahoma City-based super independent, then living high off the hog from its Barnett Shale winnings, in early 2003 paid $5.3 billion to buy Houston’s Ocean Energy Inc. (see Daily GPI, Feb. 25, 2003).
April 5, 2012
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