Devon Ups 2012 Capex Guidance
Independent oil and natural gas exploration and production company Devon Energy Corporation (NYSE:DVN) increased its 2012 capital budget to $6.4 billion from its previous expectation of $5.1 billion – $5.5 billion. Devon will utilize the additional capital outlay for exploration and further oil and gas leasehold acquisitions. In 2012, Devon Energy is expected to spend [...]
Independent oil and natural gas exploration and production company Devon Energy Corporation (NYSE:DVN) increased its 2012 capital budget to $6.4 billion from its previous expectation of $5.1 billion – $5.5 billion. Devon will utilize the additional capital outlay for exploration and further oil and gas leasehold acquisitions.
In 2012, Devon Energy is expected to spend an additional $1.07 billion for the development of its wide array of domestic inventories; $1.6 billion will be allotted for … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards