Devon Energy Wants Suit Over BHP's $94M Asset Buy Revived

Law360, Houston (September 26, 2013, 4:14 PM EDT) -- Devon Energy Production Co. LP. asked a Texas appeals court Wednesday to revive its suit against a BHP Billiton Ltd. unit over the scope of a $94 million sale of oil and gas properties, saying a trial court is improperly dodging the dispute.

In a brief filed with the Fourteenth District Court of Appeals, Devon says that its suit against KCS Resources LLC seeking a declaratory judgment as to precisely what was conveyed in the 2005 transaction was dismissed after the trial court hearing the case...
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