Devon Energy completes acquisition of Grayson Mill Energy to expand its Williston Basin business
Acquiring Company
Devon Energy Corp
Acquired Company
Grayson Mill Energy
Oklahoma CityHoustonEnergyOil And GasSoftwareEnergyDescription
Devon Energy Corp. has completed the acquisition of Grayson Mill Energy for a transaction valued at $5 billion. This strategic acquisition adds a high-margin production mix, 307,000 net acres, 500 undrilled gross locations, and 300 high-quality refrac candidates, transforming Devon’s Williston Basin business.
Quick answer
Devon Energy Corp is acquiring Grayson Mill Energy, announced September 27, 2024. Devon Energy Corp is based in Oklahoma City, Oklahoma, United States.
- How much did Devon Energy Corp pay for Grayson Mill Energy?
- The deal value was not disclosed.
- What does Devon Energy Corp do?
- Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin.
- Where are Devon Energy Corp and Grayson Mill Energy based?
- Devon Energy Corp is based in Oklahoma City, Oklahoma, United States. Grayson Mill Energy is based in Houston, Texas, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Grayson Mill Energy?
Grayson Mill Energy was acquired by Devon Energy Corp, based in Oklahoma City. The deal was reported on September 27, 2024. Devon Energy is a leading oil and gas producer in the U.S. with a premier multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon Energy Corp is publicly traded (DVN) and operates in Energy.
When did Devon Energy Corp acquire Grayson Mill Energy?
Devon Energy Corp's acquisition of Grayson Mill Energy was reported on September 27, 2024. Devon Energy Corp. has completed the acquisition of Grayson Mill Energy for a transaction valued at $5 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Grayson Mill Energy do?
Grayson Mill Energy is a significant player in the Williston Basin, specializing in oil production and operating scale. It holds a substantial portfolio of assets and a strategic position in the U.S. It is privately held, operating in Energy, and is based in Houston.
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