Devon Energy to buy Grayson Mill's Williston business for $5 billion

Devon Energy News

Devon Energy to buy Grayson Mill's Williston business for $5 billion
Grayson Mill EnergyWilliston Basin
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The deal value includes $3.25 billion in cash and $1.75 billion of stock. Devon said the deal, expected to close by the end of the third quarter, will add...

- Devon Energy said on Monday it had entered into a deal to acquire Grayson Mill Energy 's Williston basin business in a cash-and-stock deal worth $5 billion.Devon said the deal, expected to close by the end of the third quarter, will add 307,000 net acres to the company's position in the Williston Basin .Usually, when one insider buys stock, it might not be a monumental event. But when multiple insiders are buying like...

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