戴文能源公司Devon Energy Corporation (DVN) 2000年年度报告「NYSE」.pdf

1、DEVON ENERGYCORPORATION2000 ANNUAL REPORTThe Right Resources.This annual report includes“forward-looking state-ments”as defined by the Securities and ExchangeCommission.Such statements are those concerningDevons plans,expectations and objectives for futureoperations.These statements address future f

2、inancialposition,business strategy,future capital expendi-tures,projected oil and gas production and futurecosts.Devon believes that the expectations reflectedin such forward-looking statements are reasonable.However,important risk factors could cause actualresults to differ materially from the comp

3、anys expec-tations.A discussion of these risk factors can be foundin the“Managements Discussion&Analysis.”section of this report.Further information is availablein the companys Form 10-K and other publicly avail-able reports,which will be furnished upon request tothe company.1C O N T E N T SDevon En

4、ergy Corporation is engaged in oil and gas exploration,production and property acquisitions.Devon ranks among the top five U.S.-basedindependent oil and gas producers and is included in the S&P 500 Index.Approximately 75 percent of the companys proved reserves are located inNorth America.Devon also

5、has significant international operations in Azerbaijan,Southeast Asia,South America and West Africa.Devons commonshares trade on the American Stock Exchange under the symbol DVN.Devons primary goal is to build value per share by:Exploring for undiscovered oil and gas reserves,Purchasing and exploiti

6、ng producing oil and gas properties,Optimizing production operations to control costs,and Maintaining a strong balance sheet with limited debt.Five-Year Highlights and ComparisonsLetter to ShareholdersPresident and CEO Larry Nichols reviews a year of record performance and reveals his vision of the