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Devon was founded in 1971 by John Nichols (1914-2008) and his son, J. Larry Nichols. [4] In 1988, the company became a public company via an initial public offering. [4]In October 2012, the company completed construction of its current headquarters, the 50-story Devon Energy Center in Oklahoma City, Oklahoma and closed its office in the Allen Center in Downtown Houston.
In February 2004, the company acquired Petrovera Resources, a joint venture between Encana and ConocoPhillips. [15] In September 2006, the company acquired the Canadian operations of Anadarko Petroleum for US$4.1 billion. [16] In April 2014, the company acquired the conventional assets in Canada of Devon Energy for C$3.125 billion. [17]
The oil and gas company overcame some maintenance problems in Canada to post strong results. Devon Energy Corp.'s Strategic Initiatives Paid Big Dividends in Q3 Skip to main content
Despite the rally, Devon Energy won't benefit as much as it could have, given its shift away from natural gas to oil production. Let's examine the recent changes the company implemented in.
Devon's new strategic initiatives are designed to capitalize on the rapidly growing Eagle Ford and Permian Basin Why Devon Energy Corp Could Quickly Become a Cash Gusher Skip to main content
In 1971, along with his father, John Nichols, an oilman, J. Larry Nichols co-founded Devon Energy. He served as chief executive officer of the company from 1980 to 2010, was president from 1976 until 2003, was chairman from 2000 to 2012, and was executive chairman from 2013 to 2016. [4] [2] [5] In 2001, he was inducted into the Oklahoma Hall of ...
Santa Fe Snyder Corporation was an independent oil and gas exploration and production company headquartered in Houston, Texas. [1] The company was formed by the 1999 merger of Houston-based Santa Fe Energy Resources and Fort Worth-based Snyder Oil Corporation. Santa Fe Snyder merged with Devon Energy in August 2000. Devon Energy Corp., Oklahoma ...
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