Wednesday, February 20, 2019

Keeping Up With The Joneses -- Nothing About The Bakken But .... February 20, 2019

From SeekingAlpha:
Devon Energy Corporation plans to divest its Barnett shale assets in Texas and oil sands operations up in Alberta.

In conjunction with its fourth-quarter earnings release for 2018, Devon Energy Corporation announced a major strategic change going forward. The E&P company is going to separate its gas-oriented Barnett shale and oil sands operations from its liquids-oriented unconventional assets in America (specifically the Delaware Basin, STACK, Powder River Basin, and Eagle Ford plays).

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