Devon Energy plans Williston acquisition

US$5 billion deal for Grayson Mill Energy

Devon Energy plans to acquire the Williston Basin business of Grayson Mill Energy in a transaction valued at US$5 billion, consisting of US$3.25 billion of cash and US$1.75 billion of stock to the sellers.

Grayson Mill Energy is one the largest operators in the Williston Basin targeting the Bakken…

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