Oklahoma City based Devon buys land for drilling in Canada

OKLAHOMA CITY (AP) _ Oklahoma City-based energy company Devon (DEVIN) will buy oil and gas property in Canada for $200-million and plans to drill more than 800 wells. <br/><br/>Devon is buying the property

Wednesday, July 6th 2005, 9:06 am

By: News On 6

OKLAHOMA CITY (AP) _ Oklahoma City-based energy company Devon (DEVIN) will buy oil and gas property in Canada for $200-million and plans to drill more than 800 wells.

Devon is buying the property in western Canada from ExxonMobile Canada Energy. The area is near an oil filed that provides about seven-thousand barrels of oil a day from 300 wells.