Devon Energy completes sale of Panyu field

Devon Energy has completed the $515 million sale of its Panyu field offshore China to China National Offshore Oil Corp.

June 18, 2010

Offshore staff

OKLAHOMA CITY, Oklahoma -- Devon Energy has completed the $515 million sale of its Panyu field offshore China to China National Offshore Oil Corp.

According to the company, in 2009 the Panyu field produced about 12,000 b/d of oil.

06/18/2010