good everyone. morning, and Thanks, Scott,
one multi-basin execution all exceptional is quarter oil The earlier for The strategy another high-quality, third of working aspects it's year quite we is a U.S. across this to bull well. announced business. our working company and transform Devon to of
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oil growth track frame the the plan. same with our remains original outlook X-year on Importantly, over time
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such our XX% I do be enacted which our accounts to acreage exist that leasehold federal our law, focus to for our largest only on of highlight area. in that in leasehold Basin, Powder obstacles of operating into substantial believe company-wide an federal we holding for resides areas, Within core total idea land. nearly River resides want Although XX% the
each -- have permits the almost multi-basin leasehold and Basin. in Furthermore, of and on diversified be the ultimately is our River private of the deep Basin, well core the that this assets want do federal areas half inventory In entirely of emphasize building quickly will and to private and been highest to pivot our issue reside flexibility our and I lands. a of confidence nimble Delaware economic Eagle roughly be development and drilling Regardless to a cost provides our Powder a portfolio Ford activity acreage inventory federal STACK drilling positioned our we within resolved, depth curve. STACK basins is Delaware on that within of highly how of politics
such this, business as U.S. financially economy While that fraught with limit our well of that growth. us positions as adapt communities the we benefit an from unnecessarily the rhetoric such as harm proposal impact spike from to broader This activity in fundamentally GDP serious ramifications. unfairly campaign believe scenario would energy portfolio our diversified well basic would a economic that notion to inevitable costs the is
has my Tony Production, I'd was Vaughn, Vice retiring over David introduce of -- like appointed Harris. and concludes from to of Devon for service. than not, is who more today. those leader and turn strengthening Many been prepared David? recently turn after Exploration is That XX replacing into the is David seasoned call a know in my of company David trusted for has Devon you remarks. who and instrumental President now at years David. of Executive decade Devon But good it friend, world-class the been oil you a and who to do U.S.
