Devon Energy buys Grayson Mill Energy’s Williston Basin business in $5B cash-and-stock deal

FILE – The Devon Energy Tower dwarfs other downtown buildings, Sept. 27, 2021, in Oklahoma City. Devon Energy is buying Grayson Mill Energy’s Williston Basin business in a cash-and-stock deal valued at $5 billion. Devon said Monday, July 8, 2024 that the deal significantly expands its position in the Williston Basin with the addition of 307,000 net acres. (AP Photo/Sue Ogrocki, file)