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Equatorial Guinea

Apr 8, 2008

Devon Energy Agrees to Sell Assets in Equatorial Guinea for $2.2 Billion

“With aggregate pre-tax proceeds of the announced transactions surpassing $3 billion, the divestiture results have exceeded our expectations.”

OKLAHOMA CITY, April 8, 2008 /PRNewswire-FirstCall/ -- Devon Energy Corporation announced today that it has agreed to sell its oil and gas business in the African nation of Equatorial Guinea for $2.2 billion. via Earth Times

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