Devon Energy Corp. (NYSE: DVN) today reported that it has restored production to pre-storm levels across its U.S. operations following Hurricane Harvey. As a precautionary measure for Hurricane Harvey, the company temporarily suspended operations and shut-in production across its entire Eagle Ford position in south Texas. Devon produces approximately 60,000 oil-equivalent barrels (Boe) per day in the Eagle Ford, and [...]
Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2017. The dividend is payable on Dec. 29, 2017, at a rate of $0.06 per share based on a record date of Dec. 15, 2017. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in [...]
Devon Energy Corp. (NYSE: DVN) today provided a preliminary update on the impact of Hurricane Harvey to the company’s Eagle Ford operations in south Texas. As a precautionary measure in preparation for Hurricane Harvey, the company temporarily ceased drilling, well-completion activity and shut-in production across its entire Eagle Ford position. Post-storm inspections indicated that Devon’s producing assets [...]
Devon Energy Corp. (NYSE: DVN) announced today that the company will give two presentations at the Barclays CEO Energy-Power Conference in New York. Chief Operating Officer Tony Vaughn will discuss the company’s focus on innovation and technology at 3:45 p.m. ET on Wednesday, Sept. 6, 2017. The following day, on Sept. 7, President and Chief Executive Officer Dave Hager will provide an operational and financial [...]
SAN ANTONIO, Aug. 4, 2017 /PRNewswire/ -- Lilis Energy Inc. (NYSE American: LLEX), an exploration and development company operating in the Permian Basin of West Texas, today announced that its recently named President, James Linville, has been named Chief Executive Officer. Mr. Linville, a petroleum engineer by background, has led and managed oil and gas development projects in the majority of the major unconventional [...]
Devon Energy Corp. (NYSE: DVN) today reported operational and financial results for the second quarter of 2017. Also included within the release is the company’s guidance outlook for the third quarter and full-year 2017. Highlights Oil production from U.S. resource plays exceeds guidance Operational momentum builds with high-rate wells in STACK and Delaware Basin Efficiencies drive 2017 capital outlook $100 million [...]
Devon Energy Corp. (NYSE: DVN) announced today it has entered into a definitive agreement to monetize its Lavaca County assets in the Eagle Ford play. Combined with other minor asset sales completed across its U.S. operations, proceeds from the company’s recently announced $1 billion divestiture program have now reached $340 million. The Lavaca County transaction is subject to customary terms and conditions and is [...]
Devon Energy Corp. (NYSE: DVN) announced today it has brought online a record-setting Meramec well and commenced production on several high-rate wells in the core of the over-pressured oil window of the STACK play during the second quarter of 2017. The record-setting Privott 17-H well was brought online in southwest Kingfisher County and achieved a facility-constrained peak 24-hour rate of 6,000 oil-equivalent barrels [...]
Devon Energy Corp. (NYSE: DVN) today announced plans to issue its second-quarter 2017 earnings news release on Tuesday, Aug. 1, after the close of U.S. financial markets. Please note as soon as practicable after the news release is issued, Devon will post an operations report to its website at www.devonenergy.com. On Wednesday, Aug. 2, the company will hold a conference call at 10 a.m. Central Time (11 a.m. Eastern Time [...]
SAN ANTONIO, June 26, 2017 /PRNewswire/ -- Lilis Energy Inc. (NYSE MKT: LLEX), an exploration and development company operating in the Permian Basin of West Texas, today announced that James Linville has joined the company as its new President, effective today. He will report directly to the Chief Executive Officer, Avi Mirman. Throughout his 30-year career, Mr. Linville, a petroleum engineer by background, has led and [...]
Devon Energy Corp. (NYSE: DVN) announced today that Chief Operating Officer Tony Vaughn will present at the JPMorgan Energy Equity Conference in New York on Monday, June 26, 2017 at 3 p.m. ET. The event will be available to the public via webcast. A link to the webcast will be accessible from Devon’s home page at www.devonenergy.com on the date of the event. The presentation will include forward-looking information [...]
Devon Energy Corp. (NYSE: DVN) announced today that its board of directors has declared a quarterly cash dividend on Devon’s common stock for the third quarter of 2017. The dividend is payable on Sept. 29, 2017, at a rate of $0.06 per share based on a record date of Sept. 15, 2017. About Devon Energy Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Based in [...]