Devon Energy was founded in 1971 by John Nichols and his son, Larry Nichols.
In the 1990’s the company acquired several companies, including PennzEnergy for $2.6 billion.
In 2000 Devon merged with Santa Fe Snyder, and in 2003 merged again, with Ocean Energy to create the large U.S.-based oil and gas producer.
Today Devon Energy is focused on oil and gas exploration and production assets in Oklahoma, Texas, Wyoming, and Western Canada. Devon currently produces 4% of the natural gas consumed in North America.
Devon Energy is publicly traded on the New York Stock Exchange under the symbol DVN, is a member of the S&P 500, is #261 in the Fortune 500, has 5,900 employees, and had $12.34 billion in revenue in 2013.
Devon EnergyDevon Energy was founded in 1971 by John Nichols and his son, Larry Nichols.
In the 1990’s the company acquired several companies, including PennzEnergy for $2.6 billion.
In 2000 Devon merged with Santa Fe Snyder, and in 2003 merged again, with Ocean Energy to create the large U.S.-based oil and gas producer.
History
Today Devon Energy is focused on oil and gas exploration and production assets in Oklahoma, Texas, Wyoming, and Western Canada. Devon currently produces 4% of the natural gas consumed in North America.
Devon Energy is publicly traded on the New York Stock Exchange under the symbol DVN, is a member of the S&P 500, is #261 in the Fortune 500, has 5,900 employees, and had $12.34 billion in revenue in 2013.
Dear Sirs,
Offer from Colorado oil shale to produce, for example, 300 million barrels of oil per year, with annual profit of over 10 billion dollars. Cost less than $11/barrel.
Presentation
Environmentally friendly underground synthesis of oil from oil shale in Colorado
1.In the United States there are more than 85 % of world reserves of Oil Shale ( 2,180 billion bbl of kerogen, at a depth of 100-600 meters. The thickness of the layers is about 1.1. But the USA oil companies don’t extract oil from underground shale formations because of the absence of a cheap way to dissolve kerogen and because of very low permeability of rock kerogen ( 0.1-0.3 millidarcy).
p,s.
In the Presentation, many tables, drawings and photos, so you need to send Your email.