Devon Energy Announces Fourth Quarter Cash Dividend for Common Stockholders

Devon Energy Corporation (NYSE:DVN) today announced that its board of directors declared a quarterly cash dividend on Devon’s common stock for the fourth quarter of 2012. The dividend is payable on December 31, 2012 at a rate of $0.20 per share based on a record date of December 14, 2012.

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 www.devonenergy.com.

Contacts:

Devon Energy Corporation
Investor Contact
Shea Snyder, 405-552-4782
or
Media Contact
Chip Minty, 405-228-8647

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