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PS - Devon Energy Highlights - June 24, 2020

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During Q2, Devon Energy expects to have curtailed 20,000 boe/d (50% oil). Choking back wells or delaying the startup of new wells account for 80% of the projected oil curtailments, or 8,000 bo/d, with the rest coming from shut-ins. Following the sustained rebound of WTI to $30-plus territory starting in late May, Devon is in the process of bringing the volumes back......
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