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DEVON ENERGY ANNOUNCES REGULAR DIVIDEND ON $1.94 CONVERTIBLE PREFERRED STOCK

 DEVON ENERGY ANNOUNCES REGULAR DIVIDEND
 ON $1.94 CONVERTIBLE PREFERRED STOCK
 OKLAHOMA CITY, June 1 /PRNewswire/ -- Devon Energy Corporation (AMEX: DVN, DVN.Pr) reported today that its board of directors declared a $0.485 dividend on the company's $1.94 convertible preferred stock. The dividend, covering the period from April 1, 1992 through June 30, 1992, is payable on June 30, 1992, to preferred stockholders of record as of the close of business June 15, 1992.
 Devon Energy Corporation is an independent energy company engaged primarily in oil and gas property acquisitions, exploration and production, and oil and natural gas remarketing. The company ranks in the top 25 percent of U.S. publicly held oil and gas firms, measured by oil and gas reserves.
 -0- 6/1/92
 /CONTACT: Marian Moon of Devon Energy, 405-235-3611/
 (DVN) CO: Devon Energy Corporation ST: Oklahoma IN: OIL SU: DIV


TS -- NY030 -- 5575 06/01/92 10:11 EDT
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Publication:PR Newswire
Date:Jun 1, 1992
Words:155
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