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decatur - Wise County Messenger

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6 ALL AROUND WISE, Decatur, Texas, Thursday, August 27, 2009BUSINESSWISE COUNTYDevon quarterly earnings exceed $3 millionDevon Energy has reported net earningsof $314 million for the quarter ended June30. Last year at this time, the company reportednet earnings of $1.3 billion.Production of oil, natural gas and naturalgas liquids increased 12 percent to a record65.4 million oil-equivalent barrels in thesecond quarter. Lower prices for all threeproducts led to the decrease in quarterlynet earnings.For the first half of the year, Devon reporteda net loss of $3.6 billion or $8.21 percommon share.Devon’s second quarter 2009 financial resultswere impacted by certain items securitiesanalysts typically exclude from theirpublished estimates. Excluding those items,Devon earned $379 million in the secondquarter of 2009.Combined oil, gas and natural gas liquidsproduction averaged 719,000 Boe per dayin the second quarter, the highest averagedaily production of any quarter in Devon’shistory and compares with 643,000 Boe perday in the second quarter of 2008. Averagedaily production in the second quarter increasedfive percent.The 12 percent increase, 2009 over 2008,was driven by growth in all major operatingsegments. U.S. onshore natural gas production,led by the Barnett Shale field inTexas showed significant growth. Despitethe strong production growth, revenuesfrom oil, gas and natural gas liquids salesdecreased 58 percent to $1.7 billion in thesecond quarter. Dramatically lower pricesfor all three products more than offset theincreases in production.Devon’s average price for natural gas decreased70 percent in the second quarter,compared to the second quarter of 2008, to$2.91 per thousand cubic feet. The company’saverage oil price decreased 53 percentto $52.44 per barrel in the second quarterand Devon’s average natural gas liquidsprice decreased 59 percent to $22.24 perbarrel.Location:708 W. Walnut, DecaturPhone: (940) 389-4303Hours: 24/7Owner/Management:Doug and Cheri DunlapProducts/Services:16-pound bag ice and20-pound bulk ice, usingfiltered waterRIBBON CUTTING — TheDecatur Chamber ofCommerce hosted a ribboncutting Aug. 20 for Twicethe Ice, represented byowners Doug and CheriDunlap.WISE COUNTYTWICE THE ICEWISE COUNTYCocanoughers recognized for supporting centerIn recognition of Allenand Sue Jean Cocanougher’scontinued support of the<strong>Wise</strong> Regional Health Systemdialysis program, <strong>Wise</strong>Regional recently placed aplaque dedicating the newPrismaflex Continued RenalReplacement Therapymachine in their honor. Theplaque is located on thethird floor of the hospital.The Prismaflex machineprovides patients with extendeddialysis treatmentduring inpatient stays atthe hospital. Chronic KidneyDisease (CKD) is a challengingcondition for theaffected patient as well asfor caregivers. Hemodialysisusually involves treatmentsthat last three to fivehours, three times a week.The Prismaflex pumps bloodfrom the patient through adialyzer and returns the“cleaned” blood to the body,all without the patient havingto leave the hospital toreceive treatment.MOTHER’SDAY OU TNow Enrolling for the Fall SemesterFIRST BAPTIST CHURCH DECATURTuesdays and Thursdays 8:30 a.m. - 2:30 p.m.3 Reasons Children Love MDO at FBCDReason # 1 Gives MOM a much needed break!Reason # 2 It is a FUN, LOVING PLACEReason # 3 Delicious HOT LUNCH servedFore more information call Laura at 940-627-0080 or email mdo@first<strong>decatur</strong>.usBoyd: Hwy. 114 & Knox Ave. - 433-2185Bridgeport: Chico Hwy. - 683-5765Chico: Hwy. 101 - 644-2208Decatur: Hwy. 380 & Walnut - 627-3444Decatur: 1305 U.S. Hwy. 81/287 - 627-1549Bud Lite Lime$11.99Prices good thru Sept. 13 - Convenience Beverage Inc.12 pack12 oz bottle

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