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Devon Energy Announces $553M Sale of Johnson County Assets

Vinson & Elkins advised Devon Energy Corp. in its definitive agreement to sell the southern portion of its Barnett Shale position for $553 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 Mingda Zhao with partner John B. Connally, associate Michael Zarcaro and senior associate Emery Choi. Also advising were partner Todd Way and senior associate Julia Pashin and partner Larry Nettles.

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For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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