Devon Announces Resignation of President James Hackett

Devon Energy announced the resignation of James T. Hackett, president and chief operating officer. Mr. Hackett is leaving Devon to become chief executive officer of Anadarko Petroleum Corp.

Mr. Hackett joined Devon in April 2003 in conjunction with Devon's merger with Ocean Energy, Inc. He had been Ocean's chairman and chief executive officer and was instrumental in integrating the two companies following the merger.

"I am deeply appreciative of Jim's contribution to Devon," said J. Larry Nichols, chairman and chief executive officer. "His perspective and support leading up to the merger and his enthusiastic efforts during the integration were invaluable. I wish Jim the very best in his new position."

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