US-based Devon said on Thursday that the deal with Wolf Midstream - a portfolio company of the Canada Pension Plan Investment Board - completes its planned divestiture programme announced last year.

"With the highly accretive sale of Access, Devon’s divestiture programme is now complete, with proceeds totalling US$3.2 billion - surpassing the top end of our US$2 billion to US$3 billion guidance range,” Devon chief executive Dave Hager said.

"Furthermore,