Jan 3, 2012 - 12:06 pm
Posted by Market Wrap Daily | Posted in: Commodities, Oil, Recent, Stock News
Devon Energy Corp.’s (DVN: NYSE) to sell stake for $900 million
Devon Energy Corp.’s (DVN: NYSE) shares are higher by more than 5% in early trading after the natural-gas producer said it would sell a stake in five exploratory projects to a unit of China Petroleum & Chemical Corp. for $900 million
Devon Energy Corporation is an independent energy company engaged in exploration, development and production of natural gas and oil.
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