Devon Energy Announces $215M Sale of Non-Core Delaware Basin Acreage

Vinson & Elkins advised Devon Energy Corp. in connection with its definitive agreement to sell 9,600 net acres of non-core Delaware Basin acreage in Ward and Reeves County to Carrizo Oil and Gas for $215 million.

Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas.

The V&E corporate team was led by partner John B. Connally with assistance from senior associate Joclynn Townsend and associate Erin Mitchell. Also advising were partner Todd Way and senior associate Julia Pashin; partner Larry Nettles; and partner Ramey Layne and senior associate Crosby Scofield.

For more information, please speak with our media contacts.

Key Contacts

Partner

John B. Connally IV

+1.713.758.3316

jconnally@velaw.com

Related Insights

Event

Kayo Women's Real Estate Summit

Four Seasons Philadelphia

June 24, 2020 - June 25, 2020
Insight

Contingency Planning for Forced Curtailment

Mergers & Acquisitions Update

April 2, 2020
V&E⁺

How V&E’s Tech Practice is Pressing All the Right Buttons

March 25, 2020
Environmental

COVID-19: US Federal, State and Territory EHS Agency Relief Actions

March 24, 2020