SECURITIES AND EXCHANGE COMMISSION
                                    
                         Washington, D.C.  20549
                                    
                                    
                                FORM 8-K
                                    
                                    
                             CURRENT REPORT
                                    
                                    
 Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
                                    
                                    
      Date of Report (Date of earliest event report):  May 19, 1999
                                    
                        DEVON ENERGY CORPORATION
         (Exact Name of Registrant as Specified in its Charter)
                                    
                                    
                                    

     OKLAHOMA                       1-10067                73-1474008
(State or Other Jurisdiction of  (Commission File Number)  (I.R.S. Employer
Incorporation or Organization)                              Identification 


20 NORTH BROADWAY, SUITE 1500
OKLAHOMA CITY, OKLAHOMA                                     73102
(Address of Principal Executive Offices)                  (Zip Code)


   Registrant's telephone number, including area code:  (405) 235-3611
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                                    
                         Page 1 of 3 total pages
                                    


Item 5.  Other Events

     On May 19, 1999, Mssrs. Luke Corbett, Tom McDaniel and Lawrence
Towell resigned from the Board of Directors of Devon Energy Corporation.
A copy of the press release concerning this event is filed herewith as an
exhibit.

Item 7.  Financial Statements and Exhibits

     (c)  Exhibits

          99    Press Release dated May 19, 1999
     

                               SIGNATURES

     Pursuant to the requirements of the Securities and Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereto duly authorized.

                              Devon Energy Corporation



                              By: /s/ Marian J. Moon
                                   Marian J. Moon
                                   Corporate Secretary

Date:  May 19, 1999

      
                                                         Exhibit 99

[Devon Energy Corporation Logo]

                                    
                              NEWS RELEASE

FOR IMMEDIATE RELEASE

Contact:  Vince White
          Director of Investor Relations
          (405) 552-4505

                     Devon Energy Announces Director
                      Re-elections and Resignations


OKLAHOMA CITY, OKLAHOMA, May 19, 1999 -- Devon Energy Corporation
(AMEX: DVN, TSE: NSX) today announced the re-election of three of its
directors at its annual meeting of stockholders, held today in Oklahoma
City.  Michael E. Gellert, Michael M. Kanovsky and H.R. Sanders, Jr. were
each elected for a three-year term expiring at the annual meeting in the
year 2002.

In an unrelated action, Luke R. Corbett, Tom J. McDaniel and Lawrence H.
Towell, all executives of Kerr-McGee Corporation, have resigned from
Devon's Board of Directors.  Said J. Larry Nichols, President and CEO of
Devon, "We appreciate the input and professional expertise these
directors have provided over the last two years.  In 1996, Kerr-McGee's
North American onshore assets were merged into Devon in a highly creative
and successful transaction.  Kerr-McGee's willingness to take a bold step
helped create substantial value for Devon and Kerr-McGee shareholders
alike."

As a result of the 1996 transaction, Kerr-McGee holds approximately 9.95
million Devon common shares.  These shares remain subject to the transfer
limitations as set forth in Devon's December 1996 "standstill agreement"
with Kerr-McGee.

Devon Energy Corporation is an independent energy company engaged in  oil
and  gas property acquisition, exploration and production. It is  one  of
the  top 15 public independent oil and gas companies in the United States
and  Canada,  as  measured  by  oil and gas  reserves.  Devon's  Canadian
operations are conducted by its wholly owned subsidiary, Northstar Energy
Corporation.  Devon's common shares trade on the American Stock  Exchange
and   The  Toronto  Stock  Exchange  under  the  symbols  DVN  and   NSX,
respectively.


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