UPDATE 4-Oil producer Canadian Natural doubles down on Canada in $2.8 bln deal with Devon
May 29, 2019 at 15:23 PM EDT
Oil and gas producer Canadian Natural Resources Ltd said on Wednesday it would buy the Canadian assets of U.S.-based Devon Energy Corp for C$3.8 billion ($2.81 billion) in cash, investing further in Canada's struggling energy sector as some rivals divest.