Devon Energy Corporation - Introduction

Introduction

20 N. Broadway
Oklahoma City, Oklahoma 73102-8260
U.S.A.
Telephone: (405) 235-3611
Fax: (405) 552-4550
Web site: http://www.devonenergy.com

Public Company
Incorporated: 1969
Employees: 3,436
Sales: $4.3 billion (2002)
Stock Exchanges: American
Ticker Symbol: DVN
NAIC: 211111 Crude Petroleum and Natural Gas Extraction

With its headquarters in Oklahoma City, Oklahoma, publicly traded Devon Energy Corporation is the largest independent oil and gas producer based in the United States. It is also a leading North American independent processor of natural gas and natural gas liquids. Devon is ranked as one of the world's 50 largest oil companies. While most of its proved reserves are located in Colorado, New Mexico, Texas, and Wyoming, Devon also has exploration and production assets in Canada, South America, west Africa, the Caspian Sea, and China. Approximately 60 percent of these reserves are in the form of natural gas.