More deals expected in wake of Devon-Ocean merger

If approved, deal would make Devon largest North American independent in production — ahead of Anadarko, EnCana and Occidental Petroleum

Petroleum News Alaska

The pending blockbuster merger of big U.S. independents Devon Energy and Ocean Energy raises the bar for a possible new round of industry consolidation, analysts say. Potential targets include a long list of exploration and production companies, such as Alaska producers Anadarko Petroleum and Unoca....

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Devon primarily a gas producer

Analyst: bigger is better

Small stake in Cosmopolitan unit