Low gas prices cited as Devon Energy plans to sell assets in Canada

12/9/2013 | Financial Post (Canada)

Devon Energy has decided to sell its natural gas assets in Canada as the company struggles with low prices. The company said it will focus its resources on oil production. "It's a competitive world out there, and from our perspective, the light oil opportunities we have in the U.S. trump the opportunities that we have in Canada," said Devon Canada President Christopher Seasons.

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