This is a major development for the future of Devon’s development of its STACK position. This JV seemed dead a few months ago and was part of the reason they dropped all their rigs in Oklahoma. I’m surprised it came back from the dead. Certainly doesn’t change the economics of the play or commodity prices but is definitely good news for their Oklahoma operations.

https://www.globenewswire.com/news-r...K-Acreage.html