Devon execs say sale of Gulf assets possible

BP to pay $7 billion for exploration rights
Oil company BP PLC said Thursday it will pay $7 billion to acquire exploration rights in Brazil, Azerbaijan and the Gulf of Mexico from Devon Energy Corp.

Continental Resources makes Lodgepole discovery
Independent oil and gas producer Continental Resources Inc. on Thursday reported a significant discovery in the Lodgepole mounds in Dickinson, Stark County, N.D.

Devon: Production to fall soon from record levels
Devon Energy Corp. reported record production levels for the second quarter on Wednesday but expects those numbers to fall later this year — in part because lower commodity prices have...

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