“OKLAHOMA CITY, Dec. 10, 2019 (GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) announced today it has entered into an agreement with Dow (NYSE: Dow) to jointly develop a portion of the company’s STACK acreage in central Oklahoma. Under this agreement, Devon will monetize half of its working interest in 133 undrilled locations in exchange for approximately a $100 million drilling carry over the next four years. The average working interest is estimated at 60 percent across a mix of standard and extended-reach lateral drilling locations….”




Comments are closed