Devon Energy Corp. has wrapped up its previously announced $1.8 billion acquisition of Eagle Ford operator Validus Energy from Pontem Energy Capital and others. The all-cash deal was announced in August 2022. (Read more about Devon Energy acquisition of Validus Energy here) Through the deal, Devon Energy, which has a multi-basin portfolio, added an acreage […]
Devon Energy acquisition of Validus Energy : Devon Energy, an oil and gas producer focused on the Delaware Basin, has signed an all-cash deal worth $1.8 billion to acquire Eagle Ford Shale operator Validus Energy from Pontem Energy Capital and others. The deal gives the publicly-listed Devon Energy 42,000 net acres of acreage, in which […]
