Home > M&A deals 1999 > Devon Energy Corp. acquires PennzEnergy Co.
Add-on Acquistion · Oil, Gas & Coal Exploration · August 1999

Devon Energy Corp. acquires PennzEnergy Co.

On August 17, 1999, Devon Energy Corp. acquired PennzEnergy Co., an oil, gas & coal exploration company in Texas, United States.

Deal at a glance

AnnouncedAugust 17, 1999 TypeAdd-on Acquistion TargetPennzEnergy Co. Buyer Devon Energy Corp. SectorOil, Gas & Coal Exploration LocationTexas, United States ValueMembers only

Target company

PennzEnergy Co.
Texas, United States
Oil, Gas & Coal Explorationsector
-founded
Activestatus
View the company profile →

Buyer

Devon Energy Corp.
Company · 21 deals on record
  • 3rd transaction in oil, gas & coal exploration
  • 2nd transaction in United States
21deals, all time
11in this sector
2020latest

Members only

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Co-investors and the other advisors on this deal
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Questions about this deal

Who acquired PennzEnergy Co.?Devon Energy Corp. acquired PennzEnergy Co. on August 17, 1999.

What type of deal was it?It was a add-on acquistion in the oil, gas & coal exploration sector in 1999.

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