Devon Energy Announces First Quarter Cash Dividend for Common Stockholders


<p><location>OKLAHOMA CITY</location>, <chron>Dec. 2</chron> /CNW/ -- Devon Energy Corporation (NYSE:   DVN) today announced that its board of directors declared a quarterly cash dividend on Devon's common stock for the first quarter of 2010. The dividend is payable on <chron>March 31, 2010</chron>, at a rate of <money>$0.16</money> per share based on a record date of <chron>March 15, 2010</chron>.</p>
<p>Devon Energy Corporation is an Oklahoma City-based independent energy company engaged in oil and gas exploration and production. Devon is a leading U.S.-based independent oil and gas producer and is included in the S&P 500 Index. For more information about Devon, please visit our website at <a href=""></a>.</p>


For further information: For further information: Investors, Zack Hager, +1-405-552-4526, Media, Chip Minty, +1-405-228-8647, both of Devon Energy Corporation Web Site:

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