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Vanguard Buys Permian Assets From Range Resources

The properties are currently producing 17 million cubic feet equivalent per day.

Proceeds from the sale will be used to reduce debt, fund capital expenditures, and for general corporate purposes.

The sale included 17 producing wells on 608 acres in Andrews and Ector counties, Texas.

Devon has 100% working interest in oil and gas leases on approximately 16,076 gross acres located in Andrews and Gaines counties, Texas.

Devon has 100% working interest in oil and gas leases on approximately 16,076 gross acres located in Andrews and Gaines counties, Texas.

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