Devon Energy
From: Devon Energy
Devon Energy is involved primarily in energy exploration and production, and has proven reserves of 677 million barrels of oil, 9 trillion cubic feet of natural gas, and 321 million barrels of natural gas liquids. A very bullish stockpile as energy prices soar! Devon Energy is one of the largest US independent oil & gas exploration and production (E & P) companies. Their resource mix is 64% gas / 36% liquids, with the bulk of assets in onshore North America. Devon Energy is one-third of the way through an onshore oil wildcat in Egypt near to the US independent’s East Zeit production facilities. The Dendera-1X wildcat has upside resource potential of 50 million barrels of oil equivalent.
Devon Energy is an oil and gas exploration and production company headquartered in Oklahoma City with an office in Havre . It is one of several such companies active in the area. Devon Energy is in the position to make a lot of money if the Powder River Basin project is approved. Devon Energy is named after a geographical feature in England.
