Taylor to Succeed Ligon at Devon

Devon Energy Corporation said that Lyndon C. Taylor, 48, has been appointed to the position of senior vice president and general counsel of the company. Taylor will assume the role that will be vacated January 31, 2007, by Duke R. Ligon, 65, who will retire from Devon after more than 10 years of service.

"Though we have been planning this transition for more than a year, it is still a bittersweet occasion," said Devon President John Richels. "We will miss Duke, and we could not be more grateful for the role he played in Devon's unprecedented series of mergers and acquisitions over the past decade. However, we feel fortunate to have an opportunity to welcome Lyndon. His 20- year background in energy law and his solid track record as a leader will enhance our executive team."

Taylor joined Devon in 2005 after spending two decades practicing energy law with Skadden, Arps, Slate, Meagher & Flom LLP, a New York-based law firm. After working seven years in the firm's Washington D.C. office, he spent his final 13 years leading the firm's Houston office. Taylor has worked with a broad range of energy companies throughout the industry, specializing in contracts for the development of major energy infrastructure projects around the world. Taylor earned his law degree with honors from the University of Oklahoma in 1984 after graduating from Oklahoma State University in 1981 with a bachelor's degree in industrial engineering. He is a native of Walters, Oklahoma.

"I'm extremely excited to be with the Devon team and to be back in Oklahoma," Taylor said. "I believe this is one of the best management teams in the industry and I am proud to be part of it."

Ligon, who began his tenure in 1996 as Devon's first general counsel, joined the company after spending 12 years practicing energy law and finance in New York. His background also includes a number of years in Washington D.C. in leadership positions within the Department of Interior and the Department of Treasury as well as the Department of Energy. After leaving Devon, Ligon will pursue other opportunities in business and academics in Oklahoma City.

"I'm proud of what we've accomplished together at Devon, and I couldn't be more satisfied with what the company has become. This is a very special place and it has been a wonderful experience for me," Ligon said.


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