Devon Energy completed the acquisition of the Williston Basin business of Grayson Mill Energy for $5bn.

Devon Energy, an independent energy company that is involved primarily in oil and gas exploration, completed the acquisition of the Williston Basin business of Grayson Mill Energy, a Houston-based energy exploration and production company, for $5bn. “We are excited to announce the completion of our acquisition of Grayson Mill Energy. This strategic transaction is an excellent fit for Devon, enabling us to efficiently expand our operating scale and production. I would like to thank the teams working together for their hard work and look forward to the successful integration,” Rick Muncrief, Devon Energy President and CEO.