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Devon to pay $6 billion for Eagle Ford acreage

Devon to pay $6 billion for Eagle Ford acreage
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POSTED: Friday, November 22, 2013 - 8:00am

UPDATED: Friday, November 22, 2013 - 8:14am

Devon plans to spend $1.3 billion and drill 230 wells

The Houston Chronicle is reporting; Devon Energy wants to move into the Eagle Ford Shale through a $6 billion cash deal for assets in the South Texas play, owned by The Woodlands-based GeoSouthern Energy.

To read more: http://fuelfix.com/blog/2013/11/20/devon-scooping-up-6-billion-in-eagle-ford-acreage-from-woodlands-company/?cmpid=businesshcat

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