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 reported) June 18, 1996
Devon Energy Corporation
(Exact name of registrant as specified in its charter)
Oklahoma 1-10067 13-253513
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
20 North Broadway, Oklahoma City, Oklahoma 73102
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (405) 235-3611
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Item 5. Other Events.
On June 18, 1996, Devon Energy Corporation issued a press
release, a copy of which is attached hereto as Exhibit A.
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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 WILLIAM T. VAUGHN
William T. Vaughn
Vice President, Finance
Date: July 1, 1996
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EXHIBIT INDEX
Exhibit No.
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A Devon Energy Corporation Press Release of June 18, 1996
EXHIBIT A
OKLAHOMA CITY, OK, June 18, 1996--Devon Energy Corporation (AMEX:
DVN, 24-3/4) today announced a 144A private offering of $100
million liquidation amount of convertible preferred securities.
The securities will be issued by Devon Financing Trust, an
affiliate of Devon formed for the purpose of this offering. The
Company expects to commence the offering immediately. The proceeds
of the offering will be used to repay borrowings and for other
corporate purposes. Offers will be made only to qualified
institutional buyers by means of an offering memorandum.
The convertible preferred securities have not been registered
under the Securities Act of 1933 and may not be offered or sold in
the United States absent registration or an applicable exemption
from the registration requirements of the Securities Act of 1933.
Devon Energy Corporation is an independent energy company
engaged in oil and gas property acquisitions, exploration and
production. The company ranks in the top 20 percent of U.S. Public
energy companies, measured by oil and gas reserves. Devon's common
shares trade on the American Stock Exchange under the symbol DVN.
