Devon Energy (DVN)

Shipping and oil group, AP Moller-Maersk, is purchasing Devon Energy’s stakes in three of its oilfields in the Gulf of Mexico for $1.3 billion.
The Copenhagen-based company will get a 50% stake in the Cascade field and a 25% interest in each of the Jack and St Malo fields.

Dec 31 · 3:49:00 PM · Source: emii.com
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by Michael Oliveto