List of ACG project participants might change

Oil&Gas Materials 30 June 2006 14:37

Devon Energy Corp. might get purchased by another oil&gas company in short. Trend reports with reference to Reuters, among Devon Energys possible buyers are Exxon Mobil Corp., BP or Chevron Corp.

The company is estimated in $56.27bn.

In Azerbaijans largest oil project, Azeri-Chirag-Guneshli, Devon Energy possesses 5.6%, Exxon Mobil 8%, BP (operator) 34.1%, and Chevron 10.2% stock.