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Devon Energy Completes $5 Billion Grayson Mill Energy Acquisition
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Devon Energy Completes $5 Billion Grayson Mill Energy Acquisition
Oct 3, 2024 12:11 AM

04:32 PM EDT, 09/27/2024 (MT Newswires) -- Devon Energy ( DVN ) said late Friday it has closed its $5 billion acquisition of Grayson Mill Energy, adding a high-margin oil and natural gas producer to Devon's US operations.

The deal includes around 307,000 net acres of new property, 500 undrilled gross locations and 300 re-frac candidates, the company said.

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