Devon Energy Corporation http://www.alacrastore.com/company-snapshot/Devon_Energy_Corporation-1004935 Saturday, October 11, 2008 9:34:30 PM 1004935 Devon Energy Corporation en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/T1937096ccbn/T1937096norm... - Devon Energy - PresidentThanks very much, Phil. Good morning. It is good to see you here. I know there is a lot going on in the financial world, so thanks for coming to listen to our story today, and let me move this. Our audiovisual folks call this the executive remote control, it's only got one button on it. Before we get started let me just give you the safe harbor warning. You know that this presentation has a number of projections and forecasts in it, and while we try to do a pretty good job of that, we can always be wrong. So we will just direct you to the documents we have filed with the SEC that contains the full disclosure or a full discussion of the risk factors. For those of you that aren't too familiar with Devon, let me just give you a quick snapshot of the company. We are the largest US independent. We had year end proved reserves of about #.# billion barrels. We are producing somewhere around almost ###,### barrels per day, or at least a couple days ago had an enterprise... 10/8/2008 3:04:15 PMDevon Energy Corporation106.0000FinalIndependent Petroleum Association of America - OGIS Conference TranscriptDVN1:05pm ETTranscriptT1937096Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/MCOM-0004-28562678newstex/MCOM-0004-28562678xml Oct. #, #### (M# Communications Ltd. delivered by Newstex) -- SemGroup Energy Partners LP (NASDAQ: SGLP), a company which owns and operates midstream energy assets, declared on # October the appointments of Duke R. Ligon and Dave Miller...09000000090150000400000004016000040160080401601310/6/2008 6:21:38 AM18000000180150001800700019000000190010001900103219001036M2 EquityBitesMCOM-0004-28562678DEVON ENERGY CORPPRE PAID LEGAL SERVICES INCDUKE R LIGONDVNPPDNewsNewstexhttp://www.alacrastore.com/storecontent/moodys/PBC_89182moodys/PBC_89182pdf...Engagement of a highly independent board in oversight matters, and significant industry director experience ... 10/4/2008 8:29:49 PMpdfDevon Energy CorporationDevon Energy Corporation434700300.00AnalysisCorporate Governance AssmtPBC_89182Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/cs/74414cs/74414norm Oil & Gas: Playing the Credit Crisis and Oil Weakness into #### In light of recent market turmoil and volatility, both in the broad financial and oil markets, we have performed a detailed credit analysis and investment outlook to provide...744143506YesD0Article1591601664591260158236122971419841325180315077465619918431841131046172179716119501802corphy601533Capital Structure42High Yield9/22/2008 2:06:00 AM150We have performed a detailed credit analysis and investment outlook to provide investors with an investment framework for navigating the current environment into 2009.74414Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/T1976865ccbn/T1976865norm...(inaudible) -- breakout session for Devon Energy. We have John Richels, the President, representing the Company. Again, as you are aware, we're required to make a number of conflict of interest and related disclosures in connection with our participation in this conference and the companies that we may discuss. If you would like to review these important disclosures, please pick up the packets containing the public appearance disclosure at the back of this room, and each of the breakout sessions, PDF copies can be accessed by those of you viewing these presentations via the webcast. With that, let me see if there's any questions to kick off. ... 9/17/2008 5:05:00 PMDevon Energy Corporation54.0000FinalDevon Energy Corporation at Bank of America Securities Annual Investment Conference Breakout Session TranscriptDVN11:30am PTTranscriptT1976865Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1937078ccbn/T1937078norm... - Banc of America Securities - Analyst(audio already in progress) a number of conflict of interest and related disclosures in connection with our participation in this conference and the companies that we may discuss. If you would like to review these important disclosures, please pick up the packets containing the public appearance disclosures at the back of this room and each of the breakout sessions. PDF copies can be accessed by those of you viewing these presentations via the webcast. Our next presenting company is Devon Energy. It's one of the top large cap E&P companies out there with an [improving] growth profile going forward. With us today we're fortunate to have John Richels, the President and also [Shay Snyder]. With that let me turn it over to John for the presentation. ... 9/17/2008 4:05:00 PMDevon Energy Corporation54.0000PreliminaryDevon Energy Corporation at Bank of America Securities Annual Investment Conference TranscriptDVN11:00am PTTranscriptT1937078Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1937093ccbn/T1937093norm... - Devon Energy Corporation - President, Devon Canada Thank you Cam, and thanks for the opportunity to tell the Devon story here this morning. So, as with everybody else here today, I can't start off without going through the investor notices. This presentation will contain some (inaudible), see the website for a full disclosure of the potential risks associated with these forward-looking statements. So, on to Devon. For those of us who don't know much about Devon, I thought I'd give you a bit of a snapshot. At the end of ####, we were #.# billion barrels of proved reserves, and we're just under ###,### barrels of net production today at the end of the second quarter. And about two-thirds of that is gas, a third oil and NGLs, and we're highly focused in North America with ##% of our production coming out of North America at the end of the second quarter. Enterprise value is $## billion, although looking at the markets this morning it's probably a shade shy of that based on what's happening... 9/9/2008 2:05:00 PMDevon Energy Corporation54.0000FinalPeters & Co. Limited North American Oil & Gas Conference TranscriptDVN10:15am ETTranscriptT1937093Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1937075ccbn/T1937075norm... - Lehman Brothers - unidentifiedGood morning, everyone. I'm Tom Driscoll of Lehman Brothers I'd like to introduce our first speaker today, John Richels, the President of Devon Energy and with that, it's all yours. ... 9/3/2008 1:04:00 PMDevon Energy Corporation54.0000FinalLehman Brothers CEO Energy Conference TranscriptDVN7:45am ETTranscriptT1937075Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-27626487newstex/PRN-0005-27626487xml HOUSTON, Aug. ##, #### (PRNewswire-FirstCall delivered by Newstex) -- Endeavour International Corporation (Amex: END) (LSE: ENDV) announced today that Barry J. Galt, a member of the board of directors, died on August ##, ####. Galt...09000000090150000400000004016000040160080401600204005000040050120600000006001000060010028/24/2008 11:18:11 AM1800000018007000190000001900100019001036PR Newswire USPRN-0005-27626487DEVON ENERGY CORPENDEAVOUR INTERNATIONAL CORPBARRY J GALTWILLIAM L TRANSIERDVNENDNewsNewstexhttp://www.alacrastore.com/storecontent/cs/73284cs/73284norm Devon Energy #Q## Tearsheet Credit metrics have never been better in the company's history, as total debt/capital improved to ##% from ##% on the quarter while net debt/capital improved to ##% from ##%, and debt/LTM Ebitda improved...73284441YesC21Tearsheet459tearsheets/premium15608/19/2008 12:10:33 PM15073284Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/73345cs/73345norm Oil & Gas Q### Earnings Season Review We review the key takeaway points from Q### earnings season with excerpts from each of our earnings reports for our ##-company Oil & Gas investment grade and high yield coverage universe.  (CDS...733459544YesD0Article113180315071229180271419841845619911325746843236195045916016110461661260158172159corphy156042High Yield65Earnings Reports - Energy8/19/2008 10:05:41 AM150We review the key takeaway points from Q208 earnings season with excerpts from each of our earnings reports for our 25-company Oil & Gas investment grade and high yield coverage universe.73345Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/cs/72843cs/72843norm Earnings Note: Devon Energy Q### Ahead - Raising Production and Capex Targets Devon Energy (DVN; Baa#/BBB+) reported Q### recurring earnings of $#.# billion, or $#.##/share, beating consensus of $#.##/share and rising ##% QoQ and ##%...728431312YesD0Article459corp601565Earnings Reports - Energy8/6/2008 10:04:34 PM150DVN reported Q208 recurring earnings of $1.5 billion, or $3.39/share, beating consensus of $3.29/share and rising 31% QoQ and 95% YoY. The positive earnings surprise was driven by better-than-expected Midstream and Marketing results.72843Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/ccbn/B1706475ccbn/B1706475norm...Due to selling assets in Africa and terminate operations there, accounting rules require co. to exclude oil and gas produced from African assets from reported production volumes -- true for all periods being presented.... 8/6/2008 3:06:00 PMDevon Energy Corporation54.0000EditedDevon Energy Corporation Q2 2008 Earnings Conference Call SummaryDVN11:00am ETBriefB1706475Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/ccbn/T1706475ccbn/T1706475norm...Good day, ladies and gentlemen and welcome to Devon Energy's second quarter #### earnings conference call. At this time, all participants are in a normal only mode. After the prepared remarks, we will conduct a question-and-answer session. This call is being recorded. At this time I would like to turn the call over to Mr. Vince White, Vice President of Communications and Investor Relations. Sir, you may begin. ... 8/6/2008 1:06:00 PMDevon Energy Corporation54.0000FinalDevon Energy Corporation Q2 2008 Earnings Conference Call TranscriptDVN11:00am ETTranscriptT1706475Credit & Investment ResearchThomson StreetEventshttp://www.alacrastore.com/storecontent/newstex/PRN-0005-27201686newstex/PRN-0005-27201686xml OKLAHOMA CITY, Aug. #, #### (PRNewswire-FirstCall delivered by Newstex) -- Devon Energy Corporation (NYSE: DVN) today reported net earnings for the quarter ended June ##, ####, of $#.# billion, or $#.## per common share ($#.## per diluted...110000001100600006000000060010000600100206001003040000000400500004005011040050120401600004016048040160180401600104017000040170048/6/2008 7:17:14 AM18000000180040001800800018023000190000001900200019002001190020121900100019001036PR Newswire USPRN-0005-27201686DEVON ENERGY CORPDVNNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0001-27201755newstex/PRN-0001-27201755xml Aug. #, #### (Canada NewsWire Group delivered by Newstex) -- OKLAHOMA CITY, Aug. # /CNW/ -- Devon Energy Corporation (NYSE: DVN) today reported net earnings for the quarter ended June ##, ####, of $#.# billion, or $#.## per common share...110000001100600006000000060010000600100206001003040000000400500004005011040050120401600004016048040160180401600104017000040170048/6/2008 7:17:13 AM18000000180040001800800018023000190000001900200019002001190020121900100019001036Canada NewsWire GroupPRN-0001-27201755DEVON ENERGY CORPDVNNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0005-27151199newstex/PRN-0005-27151199xml OKLAHOMA CITY, Aug. #, #### (PRNewswire-FirstCall delivered by Newstex) -- Devon Energy Corporation (NYSE: DVN) today confirmed that it will discuss its second-quarter #### financial and operating results in a conference call at ##...040000000401600004016048040160188/4/2008 1:18:14 PM180000001800400018008000190000001900100019001036PR Newswire USPRN-0005-27151199DEVON ENERGY CORPDVNNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/PRN-0001-27151315newstex/PRN-0001-27151315xml Aug. #, #### (Canada NewsWire Group delivered by Newstex) -- OKLAHOMA CITY, Aug. # /CNW/ -- Devon Energy Corporation (NYSE: DVN) today confirmed that it will discuss its second-quarter #### financial and operating results in a conference...040000000401600004016048040160188/4/2008 1:18:13 PM180000001800400018008000190000001900100019001036Canada NewsWire GroupPRN-0001-27151315DEVON ENERGY CORPDVNNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/CCN-0001-26939121newstex/CCN-0001-26939121xml CALGARY, ALBERTA, Jul. ##, #### (Marketwire delivered by Newstex) -- Power Oil & Gas Inc. (OTCBB:PWOIF) is pleased to announce that Mr. Pratt Barndollar has been appointed President and director of the company, effective immediately....09000000090150000400000004005000040050120600000006001000060010021300000013004000130040017/25/2008 9:15:36 PM180000001800700019000000190010001900200019002012Marketwire CanadaCCN-0001-26939121DEVON ENERGY CORPPOWER OIL & GAS INC.DVNPWOIFNewsNewstexhttp://www.alacrastore.com/storecontent/newstex/MW-0001-26939068newstex/MW-0001-26939068xml CALGARY, ALBERTA, Jul. ##, #### (Marketwire delivered by Newstex) -- CALGARY, ALBERTA -- (MARKET WIRE) -- ##/##/## -- Power Oil & Gas Inc. (OTCBB: PWOIF) is pleased to announce that Mr. Pratt Barndollar has been appointed President...09000000090150000400000004005000040050120600000006001000060010021300000013004000130040017/25/2008 9:15:36 PM180000001800700019000000190010001900200019002012MarketwireMW-0001-26939068DEVON ENERGY CORPPOWER OIL & GAS INC.DVNPWOIFNewsNewstex