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CORRECTED-BRIEF-Devon Energy announces sale of non-core Mississippian assets

Published 2016-04-20, 10:11 a/m
© Reuters.  CORRECTED-BRIEF-Devon Energy announces sale of non-core Mississippian assets
DVN
-

(Corrects headline and first bullet to say co "announces sale
of non-core Mississippian assets", not "on track to complete
sale"; Corrects fourth bullet to add dropped words)
April 20 (Reuters) - Devon Energy Corp (NYSE:DVN) DVN.N :
* Devon Energy announces sale of non-core Mississippian
assets
* Entered into definitive agreement to sell its non-core
Mississippian assets in Northern Oklahoma to White Star
Petroleum LLC for $200 million
* Divestiture process for company's remaining non-core
assets is ongoing
* Is marketing its 50 percent interest in access pipeline in
Canada and anticipates an announcement in first half of 2016
* Says overall, Devon remains on track to complete its $2
billion to $3 billion of non-core divestitures by year end
* Efforts to monetize remaining upstream assets in U.S. are
also progressing

Source text for Eikon:
Further company coverage: DVN.N

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