Devon Energy Sets Eyes on Oil Production in 2013, Despite

Devon Energy Sets Eyes on Oil Production in 2013, Despite Earnings
Damage From Low Gas Prices, an Industrial Info News Alert 
SUGAR LAND, TX -- (Marketwire) -- 11/08/12 --  Researched by
Industrial Info Resources (Sugar Land, Texas) -- Leading U.S. oil and
gas company Devon Energy Corporation (NYSE:DVN) (Oklahoma City,
Oklahoma) reported a steep decline in earnings and revenues for the
third quarter of 2012, as sharply lower prices for oil, gas and
natural gas liquid (NGL) offset the benefits of increased production.
The company reported a net loss for the quarter of $719 million,
compared with net earnings of $1.04 billion in third-quarter 2011.
Industrial Info is tracking more than $7 billion in active projects
involving Devon. 
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Joe Govreau
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