Devon Energy and BP Enter Into $7.0B Property Sales Agreement and Oil Sands Joint Venture
Green Car Congress
MARCH 12, 2010
Devon Energy Corporation has entered into agreements to sell all of its assets in the deepwater Gulf of Mexico, Brazil and Azerbaijan to BP for $7.0 The undeveloped Kirby oil sands leases are in the south east of the Athabasca region of Alberta, close to the Devon-operated Jackfish development, which started production in 2007.
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