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Devon Bolting On Eagle Ford Oil, Gas Opportunities with $1.8B Validus Takeover - Vimarsana News

Devon Bolting On Eagle Ford Oil, Gas Opportunities with $1.8B Validus Takeover

Lower 48 giant Devon Energy Corp. is becoming even larger after agreeing to buy Eagle Ford Shale pure-play Validus Energy for $1.8 billion. The

After $900 Million Acquisition, Validus Sees Potential Eagle Ford Consolidation - Vimarsana News

After $900 Million Acquisition, Validus Sees Potential Eagle Ford Consolidation

Validus, with roughly $1 billion of capital commitments available for deals, is also looking to convert its “barrels in the ground” into high margin returns.