UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)(1)
Devon Energy Corporation
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(NAME OF ISSUER)
Common Stock, par value $.10 per share
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(TITLE OF CLASS OF SECURITIES)
25179M103
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(CUSIP NUMBER)
December 31, 2002
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(DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/ / Rule 13d-1(b)
/X/ Rule 13d-1(c)
/ / Rule 13d-1(d)
(1) The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
CUSIP No. 25179M103 13G Page 2 of 9 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Kerr-McGee Corporation
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 9,954,000
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 9,954,000
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,954,000
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4% (Based on 156,666,000 shares outstanding as set forth in the Issuer's
10-Q for the quarterly period dated September 30, 2002)
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
HC
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 25179M103 13G Page 3 of 9 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Kerr-McGee Worldwide Corporation
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 9,954,000
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 9,954,000
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,954,000
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4% (Based on 156,666,000 shares outstanding as set forth in the Issuer's
10-Q for the quarterly period dated September 30, 2002)
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 25179M103 13G Page 4 of 9 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
KM Investment Corporation
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Nevada
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 9,954,000
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 9,954,000
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,954,000
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.4% (Based on 156,666,000 shares outstanding as set forth in the Issuer's
10-Q for the quarterly period dated September 30, 2002)
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
CO
________________________________________________________________________________
Note: Kerr-McGee Corporation and the other reporting persons hereby amend and
restate their initial statement on Schedule 13G dated January 3, 2003 (the
"Initial Filing"). This Amendment No. 1 is being filed for the sole purpose of
correcting an error on page 4 of the Initial Filing and in Items 2, 5 and 7
thereof regarding the identity of one of the beneficial owners. All references
to "Kerr-McGee Oil & Gas Corporation" throughout the Initial Filing should
instead be references to "KM Investment Corporation" and this Amendment No. 1
is being filed for the sole purpose of amending page 4 and Items 2, 5 and 7 of
the Initial Filing to make this correction.
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 25179M103 13G Page 5 of 9 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Kerr-McGee Chemical Worldwide LLC (as successor to Kerr-McGee Operating
Corporation)
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [_]
(b) [_]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER
SHARES 0
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER
OWNED BY 0
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER
WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*
OO
________________________________________________________________________________
*SEE INSTRUCTIONS BEFORE FILLING OUT!
ITEM 1.
(a) NAME OF ISSUER
Devon Energy Corporation (formerly known as Devon Delaware
Corporation)
(b) Address of Issuer's Principal Executive Offices
20 N. Broadway, Suite 1500
Oklahoma City, Oklahoma 73102
ITEM 2.
(a) NAME OF PERSON FILING
Kerr-McGee Corporation, Kerr-McGee Worldwide Corporation, KM
Investment Corporation and Kerr-McGee Chemical Worldwide LLC (as
successor to Kerr-McGee Operating Corporation)
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
123 Robert S. Kerr Avenue
Oklahoma City, Oklahoma 73102
(c) CITIZENSHIP
Kerr-McGee Corporation, Kerr-McGee Worldwide Corporation and
Kerr-McGee Chemical Worldwide LLC were organized or formed and exist
under the laws of the State of Delaware. KM Investment Corporation
was organized and exists under the laws of the State of Nevada.
(d) TITLE OF CLASS OF SECURITIES
Common Stock, par value $.10 per share
(e) CUSIP NUMBER
25179M103
ITEM 3. If this statement is filed pursuant to Rules 13d-1(b), or 13-2(b)
or (c), check whether the person filing is a:
(a) / / Broker or dealer registered under Section 15 of the Act.
(b) / / Bank as defined in section 3(a)(6) of the Act.
(c) / / Insurance company as defined in Section 3(a)(19) of the Act.
(d) / / Investment company registered under Section 8 of the Investment
Company Act.
(e) / / An investment adviser in accordance with Rule 13d-1 (b) (1) (ii)
(E).
(f) / / An employee benefit plan or endowment fund in accordance with
13d-1 (b) (1) (ii) (F).
(g) / / A parent holding company or control person in accordance with
13d-1 (b)
Page 6 of 9 Pages
(1) (ii) (G).
(h) / / A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act.
(i) / / A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act.
(j) / / Group, in accordance with 13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1.
(In each case, other than with respect to Kerr-McGee Chemical Worldwide
LLC.)
(a) Amount beneficially owned: 9,954,000
(b) Percent of class: 6.4%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 9,954,000
(ii) Shared power to vote or to direct the vote: 0
(iii) Sole power to dispose or to direct the disposition of:
9,954,000
(iv) Shared power to dispose or to direct the disposition of: 0
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [X].
The former Kerr-McGee Operating Corporation ("KMOC"), a wholly owned
subsidiary of Kerr-McGee Corporation, owned 9,954,000 shares of the common
stock of the Issuer (the "Shares"). On December 31, 2002, KMOC distributed the
Shares to its direct and wholly-owned subsidiary, KM Investment Corporation
("KMI"). On the same date KMOC contributed all of the stock of KMI to KMOC's
new direct parent, Kerr-McGee Worldwide Corporation, and accordingly no longer
beneficially owned any of the Shares. Subsequently, KMOC merged with and was
succeeded by Kerr-McGee Chemical Worldwide LLC.
Page 7 of 9 Pages
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not Applicable.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY
KM Investment Corporation (a direct, wholly-owned subsidiary of Kerr-McGee
Worldwide Corporation and an indirect, wholly-owned subsidiary of Kerr-McGee
Corporation)
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10. CERTIFICATIONS
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are held for the
purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
Page 8 of 9 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete
and correct.
Date: January 9, 2003
KERR-MCGEE CORPORATION
By: /s/ John F. Reichenberger
--------------------------------
Name: John F. Reichenberger
Title: Vice President, Assistant
Secretary and Deputy General
Counsel
KERR-MCGEE WORLDWIDE CORPORATION
By: /s/ John F. Reichenberger
--------------------------------
Name: John F. Reichenberger
Title: Vice President and Assistant
Secretary
KM INVESTMENT CORPORATION
By: /s/ David A. Hager
--------------------------------
Name: David A. Hager
Title: President
KERR-MCGEE CHEMICAL WORLDWIDE LLC
By: /s/ John F. Reichenberger
--------------------------------
Name: John F. Reichenberger
Title: Vice President and Assistant
Secretary
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13(d)-7(b) for other
parties for whom copies are to be sent.
Attention: Intentional misstatements or omissions of fact constitute federal
criminal violations (see 18 U.S.C. 1001).
Page 9 of 9 Pages