Which asset is next for the chopping block?
9 replies (most recent on top)
DVN can't sell the Powder. I heard it is an emerging oil basin.
Next is complete sale of Devon’s train wreck lol it’s coming
@vv I see your point but the portfolio review is taking too long. Devon should be a max two play company in the Delaware and Bakken. Time to divest all the trash but the LT power hungry boys do not wanna let go. Hurts the ego too much
@r2 there was no band aid, it was trauma packing put in place by boyscout. then came along an adult, who said let me see.
@d5 why wait, pull the bandaid off now.
Devon as an entire corporation is next! It’s already in the works… being broke up into smaller pieces and divested.
Following the Apache playbook? Yikes.
Powder already sold. Just hasn’t been announced yet. More than likely will be first of the year. 😉
@OP Powder, Marcellus, Anadarko . . . . pick the sequence but they all need to go. . . .