By David DishmanBusiness editorddishman@oklahoman.comDevon Energy and WPX Energy announced Monday an agreement to combine, with the company retaining the name Devon Energy. “This merger is a transformational event for Devon and WPX as we unite our complementary assets, operating capabilities and proven management teams to maximize our business in today’s environment, while positioning our combined company to create value for years to come,” said Dave Hager, Devon’s president and CEO. “This merger-of-equals strengthens our confidence that we will achieve all of our five-year targets outlined in late 2019,” said Rick Muncrief, WPX’s chairman and CEO. Devon Energy is an independent energy company engaged in finding and producing oil and natural gas.Read more on NewsOK.com