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Devon Energy Elects Mary Ricciardello to Board of Directors

    OKLAHOMA CITY, Dec. 4 /PRNewswire-FirstCall/ -- Devon Energy
Corporation (NYSE: DVN) announced today that Mary Ricciardello has been
appointed to its board of directors. Ms. Ricciardello, 52, had a
distinguished career as a financial executive in the energy industry. Her
term as a Devon director will expire in 2008.

    "Mary Ricciardello's financial expertise and energy industry experience
make her a valuable addition to Devon's board," said J. Larry Nichols,
Devon's chairman and chief executive officer. "We are very pleased that she
has agreed to join Devon as a director and as a member of the audit
committee."

    "I am very pleased to be joining Devon's board," said Ms. Ricciardello.
"Devon and its management team have an outstanding reputation in the oil
and gas industry, and I am eager to make a contribution to the company's
future."

    Ms. Ricciardello enjoyed a 20-year career with Reliant Energy
Incorporated, a leading independent power producer and marketer. She began
her career with Reliant in 1982. She served in various financial management
positions with the company including comptroller, vice president, senior
vice president and chief accounting officer.

    She also serves on the boards of the Galveston/Houston Catholic
Endowment Foundation, US Concrete and Noble Corporation. Ms. Ricciardello
is director of the Houston, Texas, chapter of the National Association of
Corporate Directors.

    Ms. Ricciardello earned a bachelor's degree in business administration
from the University of South Dakota and a master's in business
administration from the University of Houston. She is a Certified Public
Accountant.

    Devon Energy Corporation is an Oklahoma City-based independent energy
company engaged in oil and gas exploration and production. Devon is one of
the world's leading independent oil and gas producers and is included in
the S&P 500 Index. For additional information, visit
http://www.devonenergy.com.



SOURCE Devon Energy Corporation




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    CONTACT:
    Investors, Zack Hager, +1-405-552-4526, or
    Media, Brian Engel, +1-405-228-7750, both of Devon Energy
    Corporation