M&A Deal Summary |
|
---|---|
Date | 2008-04-08 |
Target | Devon Energy - Equatorial Guinea Assets |
Sector | Oil/Gas Exploration |
Buyer(s) | GEPetrol |
Sellers(s) | Devon Energy |
Deal Type | Divestiture |
Deal Value | 2.2B USD |
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GEPetrol is an operator of oil and gas company.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Oil/Gas Exploration) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (South Africa) | 1 of 1 |
Year (2008) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 1971 |
Sector | Oil/Gas Exploration |
Employees | 1,800 |
Revenue | 15.3B USD (2023) |
Devon Energy a U.S. based independent natural gas and oil producers. The company's operations are focused on North American onshore exploration and production. Devon Energy was founded in 1971 and is based in Oklahoma City.
DEAL STATS | # |
---|---|
Overall | 3 of 11 |
Sector (Oil/Gas Exploration) | 2 of 10 |
Type (Divestiture) | 3 of 10 |
Country (South Africa) | 1 of 1 |
Year (2008) | 2 of 3 |
Size (of disclosed) | 1 of 10 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-03-06 |
Devon Energy - Cote d Ivoire Assets
United States Devon Energy Corp. - Cote d'Ivoire Assets include Devon's interests in offshore producing Block CI-11, offshore undeveloped Block CI-01 and the onshore Lion gas processing plant. Devon's current net production from Cote d'Ivoire is approximately 3,000 oil-equivalent barrels per day. |
Sell | $205M |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-11-13 |
Devon Energy - Gabon Assets
United States Devon Energy Corp. - Gabon Assets include an interest in the Kowe block, currently producing approximately 3,750 barrels of oil per day, net to Devon's interest. |
Sell | $206M |