Devon Energy Sells Off Brazil Assets

By Mark Beresford, Senior Contributing Reporter

RIO DE JANEIRO - The largest U.S.-based independent natural gas and oil producer Devon Energy could disclose this week more details about progress in the much anticipated sale of its Brazilian assets, when it holds its year-end 2009 conference call on Wednesday February 17th.

Oklahoma City-based Devon Energy put its international assets for sale in November, in order to focus on the less risky US and Canadian onshore sector. Devon expects to start making the first sales of its international assets in . . .

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