WSJ: Devon Energy nears $6B deal for GeoSouthern

|About: Devon Energy Corporation (DVN)|By:, SA News Editor

Devon Energy (DVN +1.9%) reportedly is close to acquiring privately-held GeoSouthern Energy for ~$6B, and a deal could be announced as soon as tomorrow.

GeoSouthern is a Texas-based oil and gas exploration company whose operations are focused in the Eagle Ford shale, which it helped pioneer.