Canadian Natural Resources Limited Completes the Acquisition of Substantially All of the Assets of Devon Canada Corporation

Source Press Release
Company Canadian Natural Resources LimitedDevon Energy Corporation 
Tags Unconventional Resources, Asset Deals, Deals, Oil Sands, Upstream Activities
Date June 27, 2019

Canadian Natural Resources Limited (“Canadian Natural” or the “Company”) announces that the agreement to acquire substantially all of the assets of Devon Canada Corporation ("Devon") has been completed.

Canadian Natural welcomes approximately 720 high caliber Devon employees to its thermal in situ, primary heavy oil and Calgary head office teams. The acquired production, infrastructure and land will add to Canadian Natural’s existing thermal in situ and primary heavy oil areas providing synergies to more effectively and efficiently operate, upon full integration of the employees and the assets.

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