1、2002 Annual Report8626cvr_04-11 6/21/04 12:11 PM Page 1C O N T E N T S4 Letter to ShareholdersChairman,President and CEO Larry Nichols discusses an outstanding year and the firm foundation that will support Devons future.7 Five-Year Highlights and Comparisons10 Executive Q&AMembers of Devons senior
2、management team respond to investor questions.11 Corporate Governance14 Exploration and Production PortfolioDevon is one of North Americas largest producers of oil and gas and has a broad portfolio of North American and international growth opportunities.21 Environmental,Health and Safety 22 Operati
3、ng Statistics by Area and 11-Year Property Data24 Key Property HighlightsDevon provides brief profiles and activities on its top oil and gas properties in a compact foldout format.29 Financial Statements and Managements Discussion and Analysis101 Biographies of Directors and Senior Vice Presidents10
4、4 Glossary of Terms105 Common Stock Trading Data and Investor Information Devon Energy Corporationis engaged in oil and gasexploration,production and property acquisitions.Devonranks among the top-five U.S.-based independent oil andgas producers and is one of the largest independentprocessors of nat
5、ural gas and natural gas liquids in NorthAmerica.The company also has operations in selectedinternational areas.Devon is included in the S&P 500 Indexand its common shares trade on the American StockExchange under the ticker symbol DVN.Devons primary goal is to build value per share by:Exploring for
6、 undiscovered oil and gas reserves,Purchasing and exploiting producing oil and gas properties,Enhancing the value of our production through marketing and midstream activities,Optimizing production operations to control costs,and Maintaining a strong balance sheet.Annual Report Theme“A Firm Foundatio