About this document
The Oklahoman Business Section, Mar 2013 by Price Lang is a document available to read on EtoBox.
Oklahoma City-based energy company Devon Energy announced plans to sell off $2 billion to $3 billion in oil and gas properties over the next year to reduce debt and focus on its most profitable assets. The sale will help Devon lower its debt-to-capital ratio to around 30 percent from nearly 40 percent. Devon said the move will allow it to concentrate on its high-return oil assets in North America.
- Author
- Price Lang
- Language
- EN