The Houston Business Journal (Free subscription) | 14/10/2008
Rowan Cos. Inc. has been awarded a two-year contract by Devon Energy Corp. valued at about $137 million. (DVN) (RDC)
Business Wire (Free subscription) | 14/10/2008
HOUSTON--(BUSINESS WIRE)--Rowan Companies, Inc. (NYSE:RDC) announced today that it has signed a contract with Devon Energy Corporation for the Gorilla class jack-up, Gorilla
Fool.com (Free subscription) | 13/10/2008
This highly rated stock could bring market-beating returns.
Saving Liberty (Free subscription) | 13/10/2008
As I sit here on Sunday watching football and doing a little stock research for next week I realize once again what an incredible opportunity we now have. What we see in the stock market right now is the equivalent of a half price sale. For example companies like Exxon Mobile (XOM) and Devon Energy (DVN) have been beaten down by a one two punch consisting of declining oil prices and irrational panic...
SeekingAlpha Energy Stocks (Free subscription) | 13/10/2008
Kurt Wulff ( McDep Associates ) submits: Five buy recommendations, ConocoPhillips (COP), StatoilHydro (STO), PetroChina (PTR), Devon Energy (DVN) and Canadian Oil Sands Trust (COSWF.PK) are financially strong, geographically diverse and well-represented in North American Natural Gas, Rest of World Natural Gas, Oil Production and Downstream. Related stocks in each group that have low McDep Ratios and...
Market Watch (Free subscription) | 07/10/2008
NEW YORK (MarketWatch) -- Energy shares rebounded with the broad market on Tuesday. The Amex Oil Index rose 1.7% to 1,039. The Amex Natural Gas Index rose 1.8% to 437. Total SA rose 5.7% to $56.20 as a leading gainer among oil producers. Exxon Mobil rose 71 cents to $78.03. Devon Energy and Chesapeake both rose about 3%. Crude prices jumped $3.48 to $91.29. Market Pulse Stories are Rapid-fire, short...
PR News Wire (Free subscription) | 06/10/2008
OKLAHOMA CITY, Oct. 6 /PRNewswire-FirstCall/ -- Devon Energy Corporation (NYSE: ) announced today that it has restored approximately 30,000 oil-equivalent barrels (Boe) per day of offshore oil and natural gas production in the Gulf of Mexico. Devon was producing approximately 50,000 Boe per day from its Gulf of Mexico properties prior to suspending production in preparation for Hurricanes Gustav and...
Seeking Alpha (Free subscription) | 03/10/2008
Kurt Wulff ( McDep Associates ) submits: Believing that Other People’s Problems spell Opportunity for long-term investors, we reinstate five oil and gas buy recommendations including ConocoPhillips (COP), StatoilHydro (STO), PetroChina (PTR), Devon Energy (DVN) and Canadian Oil Sands Trust (COSWF.PK). Over-leveraged, weakly capitalized investors must sell in a declining market. Strongly capitalized...
Denver Post (Free subscription) | 01/10/2008
Oil and gas companies Anadarko Petroleum Corp. and Devon Energy Corp. Tuesday announced an oil discovery off Brazil in the Campos Basin.
PR News Wire (Free subscription) | 25/09/2008
OKLAHOMA CITY, Sept. 25 /PRNewswire-FirstCall/ -- Devon Energy Corporation (NYSE: ) announced today that it has completed the sale of its operations in the West African nation of Cote d'Ivoire to Afren plc. The sales price was $205 million. After adjusting for net revenues received by Devon from June 30, 2007, through closing, the adjusted proceeds were $164 million. With completion of the Cote d'Ivoire...
PR News Wire (Free subscription) | 19/09/2008
OKLAHOMA CITY, Sept. 19 /PRNewswire-FirstCall/ -- Devon Energy Corporation (NYSE: ) today announced that the company has pledged $2 million to assist individuals and communities impacted by Hurricanes Gustav and Ike. "We are eager to lend our help alongside the many community agencies that assist hurricane victims along the Gulf Coast," said Larry Nichols, chairman and chief executive officer. "Community...
PR News Wire (Free subscription) | 17/09/2008
OKLAHOMA CITY, Sept. 17 /PRNewswire-FirstCall/ -- Devon Energy Corporation (NYSE: ) announced today that it has restored a portion of its offshore oil and natural gas production in the Gulf of Mexico following Hurricanes Gustav and Ike. The company produces approximately 50,000 equivalent barrels of oil (Boe) per day from wells located in the Gulf of Mexico. Devon's U.S. offshore production is about...
SeekingAlpha Energy Stocks (Free subscription) | 10/09/2008
Kurt Wulff ( McDep Associates ) submits: Our strongest buy recommendation among large independent producers, Devon Energy (DVN) is part of the legacy of Chairman Emeritus John W. Nichols who passed away on August 3. Mr. Nichols was a pioneer in developing San Juan Basin natural gas using funds obtained from investors after he registered the first drilling fund with the U.S. Securities and Exchange...
Red Orbit (Free subscription) | 09/09/2008
Devon Energy has received regulatory approval for its second oil sands project in Canada. Construction of the 100% Devon-owned Jackfish-2 project will begin immediately.
Globe and Mail (Free subscription) | 09/09/2008
Oklahoma-based Devon Energy Corp. said yesterday that it has received regulatory approval for its Jackfish 2 oil sands project. Devon will now immediately proceed with construction work on Jackfish 2, which is expected to produce 35,000 barrels of oil a day when it comes on stream in 2012. Devon is currently bringing production at its first oil sands project, Jackfish, up to its full capacity of 35,000...
