Tuesday, April 17, 2012

Article about Devon and the Cline Shale

An article posted on Seeking Alpha talks about Devon exploiting the Cline shale.  "Devon has chosen to gain access in another region, exploiting the midland section of the Basin in the Cline formation."  The article further states, "With Devon's setting aside of capital money to continually acquire land, its diversified portfolio, focus on oil, healthy balance sheet, and smart management plays make for a good combined package for a long-term energy company."

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