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  September 5, 2001
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Home > Company Index > Energy > Oil & Gas Exploration & Production > DevX Energy, Inc.

DevX Energy, Inc.
Nasdaq: DVXE
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 PROFILE
Exploration and production company DevX Energy (formerly Queen Sand Resources) has a domain that includes onshore operations in six regions in the southern US. The company has proved reserves of 133 billion cu. ft. of natural gas and 2 million barrels of oil. DevX Energy operates in more than 650 wells, predominantly in Kentucky, Louisiana, New Mexico, Oklahoma, and Texas, which accounts for 58% of proved reserves. DevX Energy also sells its products on the spot market and under short-term contracts. The company has announced that it is looking for a buyer or a merger partner.

 COMPETITION
Apache Corporation (APA)
Burlington Resources Inc. (BR)
Mitchell Energy & Development Corp. (MND)

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 FINANCIAL OVERVIEW
Fiscal Year-End: November
2000 Sales (mil.): 4.00
1-Yr. Sales Growth: (85.6)%

 KEY PEOPLE
• Edward J. Munden
    CEO
• William W. Lesikar
    CFO

 CONTACT INFO
13760 Noel Rd., Ste. 1030
Dallas, TX 75240
US
Phone: 972-233-9906
Fax: 972-233-9575
Online: Web Site

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