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DevX Energy Inc. Sets August 9th for 2nd Quarter Earnings Release and August 10th for Analyst's Conference Call

Business Wire,  August 3, 2001  

Business and Oil/Gas editors

DALLAS--(BUSINESS WIRE)--August 3, 2001

DevX Energy, Inc. (Nasdaq:DVXE) today announces that the company will issue its 2nd quarter 2001 earnings release on August 9th, 2001. There will be an analyst's conference call on Friday, August 10th at 11a.m. Eastern Standard Time. Investors may listen by calling 212/231-6006 at 10:55 a.m. A taped recording of the call will be available for a further 48 hours by calling 416/626-4100, using access code 19464320.

DevX Energy, Inc. is an independent energy company engaged in the exploration, development, exploitation and acquisition of on-shore oil and natural gas properties in conventional producing areas of North America. Our properties are concentrated in five producing areas or basins and over 58% of our proved reserves are concentrated in south and east Texas.

We make forward-looking statements in this document, and in our public documents to which we refer, that are subject to risks and uncertainties in addition to those set forth above. These forward-looking statements include information about possible or assumed future results of our operations. Also, when we use any of the words "believes," "expects," "anticipates" or similar expressions, we are making forward-looking statements. Many possible events or factors could affect our future financial results and performance. This could cause our results or performance to differ materially from those we express in our forward-looking statements. These and other risks are described in the company's publicly filed documents and reports that are available from the company and from the SEC.

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