Devon Snaps Up Prime Delaware Basin Acreage for $2.6 Billion after Coterra Merger

(Reuters) – Shale producer Devon Energy ​on Thursday said it has acquired 16,300 ‌net undeveloped acres in the core of the Delaware Basin in New Mexico for about $2.6 billion through a ​federal lease, strengthening its position in the top ​U.S. shale basin. The deal comes weeks after ⁠Devon closed its $58 billion merger with Coterra ​Energy, as … Read more