Okc-Based Devon Sells Egypt Properties for $375m: West Africa Holdings Next On Sales Block
The Journal Record › April 20, 2007
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Summary
Devon Energy on Wednesday announced it will sell its Egypt oil and gas properties to Dana Petroleum plc for $375 million.
Included in the deal is the purchase of $67 million of net working capital as of Dec. 31. The transaction is expected to close in the third quarter of this year.See the full content of this document
Extract
Okc-Based Devon Sells Egypt Properties for $375m: West Africa Holdings Next On Sales Block
Devon officials said after-tax proceeds are expected to be about $300 million.
"The sale of o...See the full content of this document
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