Devon Energy Announces Cash Dividend for Common Stockholders

Download

OKLAHOMA CITY, June 2 /PRNewswire-FirstCall/ -- Devon Energy Corporation (NYSE: DVN) today announced that its board of directors declared a quarterly cash dividend on Devon's common stock for the second quarter of 2008. The dividend is payable on June 30, 2008, at a rate of $0.16 per share based on a record date of June 16, 2008.

Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is the largest U.S.-based independent oil and gas producer and is included in the S&P 500 Index. For additional information, visit http://www.devonenergy.com.

SOURCE Devon Energy Corporation

CONTACT: Investors, Zack Hager, +1-405-552-4526, or Media, Chip Minty, +1-405-228-8647, both of Devon Energy Corporation