CEO Larry Nichols

UPDATE 1-Devon profit tops Wall Street view, shares climb

By marketgoodies on | From marketgoodies.com

Feb 15 (Reuters) – Devon Energy Corp posted a higher-than-expected fourth-quarter profit on Wednesday on higher production of oil and gas, even as it boosted its reserves to record levels.

CEOs: Gulf oil spill 'a real setback' for industry

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The massive oil spill in the Gulf of Mexico will significantly set back industry efforts to increase offshore drilling, the CEOs of two Oklahoma City-based independent energy companies said Friday...
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Construction begins on $750M Devon tower in OKC

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Despite the recession, plans for the new 50-story headquarters for Devon Energy Corp. took another step toward reality Tuesday as company officials and civic leaders gathered for a formal...
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Devon: Production to fall soon from record levels

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Nichols: Devon well-placed to weather downturn

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Devon Energy Corp. CEO Larry Nichols said Wednesday the company is reducing its natural gas drilling in the short-term until gas prices start to rebound. "We see absolutely no reason to continue...
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