S&P Lowers Outlook on Devon Energy (DVN) to Negative; Ratings Affirmed

EnLink Midstream, LLC and EnLink Midstream Partners LP to Acquire Subsidiaries of Tall Oak Midstream, LLC for $1.55 Billion

OKLAHOMA CITY--(BUSINESS WIRE)-- Tall Oak Midstream, LLC (Tall Oak) and its equity partner EnCap Flatrock Midstream (EnCap Flatrock) today announced that a subsidiary of... More

EnLink Midstream Agrees to Acquire Tall Oak Midstream

Devon Energy to Simultaneously Acquire Tall Oaks Largest Producer Customer, Felix Energy

Highlights Strong Sponsorship and Alignment Between EnLink and Devon

DALLAS--(BUSINESS WIRE)-- The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) (together EnLink), today announced that a subsidiary of the Partnership and the General Partner signed definitive agreements to acquire subsidiaries of Tall Oak Midstream, LLC for $1.55 billion, subject to certain adjustments. The purchase price will be paid in installments, with the first... More

Devon Energy Sharpens Focus on Core Assets

Agrees to acquire premier oil-focused leasehold in STACK and Powder River Basin plays Creates industry-leading positions in best emerging oil development plays in North America Adds thousands of high-quality drilling locations with substantial resource upside Commences divestiture program with targeted proceeds of $2 to $3 billion Proceeds from asset sales to bolster financial position

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corp. (NYSE: DVN) today announced it has agreed to acquire 80,000 net... More