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Devon to Sell Shale Oil Assets to Crescent for $4.2 Billon

Devon Energy Corp. agreed to sell its drilling portfolio in the Eagle Ford shale basin of South Texas to Crescent Energy Co., an oil producer backed by KKR & Co., for about $4.2 billion.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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