1、FORWARD-LOOKING STATEMENTS This annual report includes“forward-looking state-ments”as defined by the Securities and ExchangeCommission.Such statements are thoseconcerning Devons plans,expectations and objec-tives for future operations including reserve poten-tial and exploration target size.These st
2、atementsaddress future financial position,business strategy,future capital expenditures,projected oil and gasproduction and future costs.Devon believes thatthe expectations reflected in such forward-lookingstatements are reasonable.However,important riskfactors could cause actual results to differ m
3、ateriallyfrom the companys expectations.A discussion ofthese risk factors can be found in the“Manage-ments Discussion and Analysis.”section of thisreport.Further information is available in thecompanys Form 10-K and other publicly availablereports,which are available free of charge on thecompanys we
4、bsite,or willbe furnished upon request to the company.OUR MISSIONDevon Energy is a results-oriented oil and gascompany that builds value for our shareholdersthrough our employees by creating an atmosphereof optimism,teamwork,creativity,resourcefulnessand by dealing with everyone in an open andethica
5、l manner.COMPANY PROFILE Devon is engaged in oil and gas exploration,production and property acquisitions.Devon is thelargest U.S.-based independent oil and gasproducer and is one of the largest independentprocessors of natural gas and natural gas liquids inNorth America.The company also has operati
6、ons inselected international areas.Devon is included inthe S&P 500 Index and its common shares trade onthe American Stock Exchange under the tickersymbol DVN.Devons primary goal is to build value per share by:Exploring for undiscovered oil and gas reserves,Purchasing and exploiting producing oil and