UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event report): December 4, 2007 (November 28, 2007)
DEVON ENERGY CORPORATION
(Exact Name of Registrant as Specified in its Charter)
 	 	 	 	 	
DELAWARE	 	001-32318	 	73-1567067	
(State or Other Jurisdiction of
Incorporation or Organization)	 	(Commission File Number)	 	(IRS Employer
Identification Number)	
 	 	 	
20 NORTH BROADWAY, OKLAHOMA CITY, OK	 	73102	
(Address of Principal Executive Offices)	 	(Zip Code)	
Registrant’s telephone number, including area code: ( 405) 235-3611
     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
      o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
      o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
      o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
      o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

   

 

			
Item 5.02	 	Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers	
     Devon Energy Corporation hereby furnishes the information set forth in its Press Release, dated December 4, 2007, announcing the appointment of Mary Ricciardello as a member of its Board of Directors. A copy of the Press Release is attached as Exhibit 99.1.

Item 9.01	 	Financial Statements and Exhibits	

 	(c)	 	Exhibits	

 	99.1	 	Devon Energy Corporation Press Release dated December 4, 2007.	

Item 1.01	 	Entry into a Material Definitive Agreement	
     On November 30, 2007, Mary Ricciardello of the Board of Directors of Devon Energy Corporation was granted 2,000 shares of restricted stock to vest 25% per year beginning November 30, 2008, and 3,000 stock options to purchase common stock of the Company at $82.81 per share, the closing price of the common stock as quoted by the New York Stock Exchange. Such options vest on November 30, 2007 and expire on November 29, 2015. The restricted stock and stock option grants were made under the Devon Energy Corporation 2005 Long-Term Incentive Plan.
SIGNATURES
     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized.
 	 	 	 	 	
 	DEVON ENERGY CORPORATION
 	 	
 	By:  	/s/ Janice A. Dobbs  	 	
 	 	Janice A. Dobbs 	 	
 	 	Corporate Secretary 	 	
 	
Date: December 4, 2007
 2 

Exhibit 99.1

	 	20 North Broadway	 	Telephone: (405) 235-3611	
	 	Oklahoma City, Oklahoma 73102-8260	 	Fax: (405) 552-4667	
NEWS RELEASE

Investor contact:	 	Zack Hager
(405) 552-4526	

Media contact:   	 	Brian Engel
(405) 228-7750	
DEVON ENERGY ELECTS MARY RICCIARDELLO TO BOARD OF DIRECTORS
OKLAHOMA CITY — December 4, 2007 — 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 www.devonenergy.com .