Devon, Kerr-Mcgee Offer Good Hurricane Damage Reports

Summary


Officials at Devon Energy and Kerr-McGee told a Lehman Brothers conference Thursday that losses in the Gulf of Mexico were less than devastating to their respective companies.

Devon CEO Larry Nichols said losses were not material.

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Extract


Devon, Kerr-Mcgee Offer Good Hurricane Damage Reports

Nichols said Devon will produce about 55.7 million barrels of oil...

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