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Devon Energy Corp.

Devon Energy Corp.

Sector: Crude Petroleum And Natural Gas Region: OK, United States


: | New York Stock Exchange: DVN


Similar to: Premier Oil Plc, Tullow Oil Plc, JKX Oil & Gas Plc

Devon Energy Corp. is an independent energy company, which is engaged primarily in exploration, development and production of oil and natural gas. Its operations are concentrated mainly in Canada and the United States. It also owns natural gas pipelines, plants and treatment facilities. The company was founded by J. Larry Nichols and John W. Nichols in 1971 and is headquartered in Oklahoma City, OK.

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Apr 8, 2014 10:55 am | IPAA's OGIS New York

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Devon Energy: Mindful (2013)

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Devon Energy: Mindful (2013)

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Richels Says Oil Should Trade in $75-$90 Range

Executives

J. Larry Nichols, Executive Chairman
J. Larry Nichols, 70, is a co-founder of Devon and has been a director since 1971. He was elected executive chairman in June 2010, after holding the position of chairman and chief executive officer since 1980. Nichols graduated from Princeton University with a bachelor’s degree in geology and he completed his juris doctorate at the University of Michigan in 1967, where he was a member of the Order of Coif and a comment editor of Law Review. Nichols served as law clerk to Chief Justice Earl Warren and Justice Tom Clark of the U.S. Supreme Court from 1967 to 1968. He then served as special assistant to Assistant Attorney General William Rehnquist in the U.S. Department of Justice in Washington, D.C.
A leader in the industry, Nichols serves on the executive committee of the board of directors for America’s Natural Gas Alliance and the National Association of Manufacturers and is on the board of the Business Industry Political Action Committee in Washington, D.C. He is the former chairman and a current director of the American Petroleum Institute and American Exploration & Production Council.
John Richels, President and Chief Executive Officer
John Richels, 61, was elected president and chief executive officer of Devon in June 2010 and joined the board of directors in 2007. He previously served as president, a senior vice president of Devon and president and chief executive officer of Devon’s Canadian subsidiary. Richels joined Devon through its 1998 acquisition of Canadian-based Northstar Energy Corp. Prior to joining Northstar, Richels was managing and chief operating partner of the Canadian-based national law firm, Bennett Jones. Richels previously served as a director of a number of publicly traded companies. He holds a bachelor’s degree in economics from York University and a law degree from the University of Windsor.

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