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Sign in / Join NowSummaryDevon Energy Corporation might completely divest its Eagle Ford asset.An overview of Devon Eagle Ford JV with BHP Billiton.DeWitt County acreage is firmly in the Tier 1 category when it comes to targeting this liquids rich shale play.Recently, Devon Energy Corporation's (DVN) management team noted that the long term goal of the firm is to grow its Delaware Basin (Wolfcamp, Bone Spring, Leonard plays), STACK/SCOOP (Meramec and Woodford plays), and Rockies (various Powder River Basin plays) production bases through the end of this decade and beyond. Management also noted that Devon Energy Corporation had its eyes on another $5 billion in "non core" asset sales, which could include its Barnett shale division (which Devon has already been winding down), its oil sands division up in Alberta (its three Jackfish steam assisted gravity drainage complexes, and its Pike leasehold position), or its Eagle Ford division (with some Austin Chalk upside) in South Texas. Let's dig in.The Eagle Ford Devon Energy sold off its Lavaca County, Texas, acreage in 2017 for around $200 million after closing adjustments.
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