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Energy Resources

Devon heads back to shore with $1.3B Gulf sale

sfgate.com
Dec. 22, 2009
Devon Energy began its withdrawal from the Gulf of Mexico on Tuesday, lured back to shore by land-based natural gas reserves that are less risky, and less expensive to exploit. Devon sold three Gulf projects for $1.3 billion to Maersk Oil, just the start of a...
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa