Devon Energy Allocates $800 Million to Oil Sands Projects in 2012, an Industrial Info News Alert
SUGAR LAND, TX -- (Marketwire) -- 02/16/12 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- In yesterday's fourth-quarter and full-year 2011 earnings announcement, executives of Devon Energy Corporation (NYSE:DVN) (Oklahoma City, Oklahoma) discussed the company's capital spending and growth plans for 2012. The company's total exploration and production capital spending in 2012 is planned to be between $5.1 billion and $5.5 billion. The capital will be used almost exclusively for exploration and development in the company's oil- and liquids-rich plays.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=198600&refer=marketwire, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here