Devon Energy to Discuss 2010 Capital Budget, 2010 Outlook and to Provide
Resource and Strategy Update


<p><location>OKLAHOMA CITY</location>, <chron>Nov. 12</chron> /CNW/ -- Devon Energy Corporation (NYSE:   DVN) announced today that it will discuss its 2010 capital budget and outlook and will provide a resource and strategy update in a conference call at <chron>9 a.m. Central Time</chron> (<chron>10 a.m. Eastern Time</chron>) on <chron>Monday, November 16, 2009</chron>.  The conference call will be webcast live and a replay will be available following the call. A webcast link will be accessible from Devon's home page at <a href=""></a> on the date of the event. The slides will also be accessible via a PDF file approximately ten minutes prior to the start of the conference call from Devon's home page.</p>
<p>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 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, Alesha Leemaster, +1-405-228-8413, both of Devon Energy Corporation Web Site:

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