POINT ROBERTS, January 3, 2012 - www.InvestorIdeas.com, an investor stock research portal focusing on sector research including energy stocks issues an investor alert for oil and gas stock, Devon Energy Corporation (NYSE:DVN). The stock is trading up at$65.94, up 3.94 (6.35%) in morning trading on news of a deal with Sinopec and as oil trades up over $102.00.

 Devon Energy Corporation (NYSE:DVN) today announced it has signed an agreement with Sinopec International Petroleum Exploration & Production Corporation (SIPC) whereby SIPC will invest $2.2 billion in exchange for one-third of Devon’s interest in five new venture plays. Prior to this transaction, Devon had assembled 1.2 million net acres in the company’s previously announced positions in the Tuscaloosa Marine Shale, Niobrara, Mississippian, Ohio Utica Shale and the Michigan Basin. The companies have recently added acreage in the Ohio Utica Shale, increasing their joint position in the play to 235,000 net acres.

Magnum Hunter Resources Raises Production Guidance

2011 Production Exit Rate to Exceed 12,500 Boe per Day

Magnum Hunter Resources Corporation (NYSE: MHR - News) (AMEX: MHR-PC - News) (AMEX: MHR-PrD) (the "Company" or "Magnum Hunter") announced today that it has raised the Company's production guidance for 2011 and 2012 due to higher production levels being experienced from new well completions.

The Company's three operating divisions are currently producing at a combined production base in excess of 12,500 Boe per day, significantly above previous company guidance of 10,000 Boe per day as a projected 2011 exit rate. This represents a 455% increase from our daily production rate of 2,750 Boe per day at the beginning of this year.

Endeavour Announces Acquisition of U.K. Producing Assets

-- Acquired assets have current daily production of approximately 10,000 barrels of oil equivalent per day (boepd)
-- 2P reserve additions in excess of 33 million barrels of oil equivalent (mmboe)

Endeavour International Corporation (NYSE: END - News) (LSE: ENDV.L - News) today announced that its subsidiary, Endeavour Energy UK Limited, has entered into a purchase and sale agreement to acquire ConocoPhillips' interest in three producing U.K. oil fields in the Central North Sea for $330 million , including approximately $94 million of tax attributes.

North American Energy Partners to Resume Overburden Removal Operations at Canadian Natural

North American Energy Partners Inc. ("NAEP" or "the Company") (TSX: NOA.TO - News) (NYSE: NOA.TO - News) today announced it will resume overburden operations at Canadian Natural Resources Limited's ("Canadian Natural") Horizon Mine on January 2, 2012 under the terms of a recently signed Memorandum of Understanding (the "MOU") between NAEP's wholly-owned subsidiary North American Construction Group Inc. ("NACG") and Canadian Natural.

While a final resolution on the long-term overburden removal and mining services contract with Canadian Natural is still being negotiated, the MOU establishes a framework for a contractual path going forward and provides both the parameters and a process for reaching final agreement by the end of February. The terms of the MOU also enable NAEP to earn profitable revenue on work carried out at the site from January 2, 2012.