DEVON ENERGY CORP/DE — Director's Dealing 2011

May 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DEVON ENERGY CORP/DE (DVN)
CIK: 0001090012
Period of Report: 2011-05-09

Reporting Person: KANOVSKY MICHAEL M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-09	Common Stock	M	6000	$30.255	Acquired	34820	Direct
2011-05-09	Common Stock	M	6000	$27.975	Acquired	40820	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-09	Non-Qualified Stock Option (right to buy)	$27.975	M	6000	Disposed	2011-06-11	Common Stock (6000)	Direct
2011-05-09	Non-Qualified Stock Option (right to buy)	$30.255	M	6000	Disposed	2011-05-17	Common Stock (6000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	72232	Indirect