UNITED STATES 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 reported): APRIL 2, 2003 (APRIL 1, 2003) OCEAN ENERGY, INC. (Exact Name of Registrant as Specified in its Charter) <Table> DELAWARE 001-08094 74-1764876 (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification Number) 1001 FANNIN, SUITE 1600 HOUSTON, TEXAS 77002 (Address of Principal Executive Offices) (Zip Code) </Table> Registrant's telephone number, including area code: (713) 265-6000 ITEM 5. OTHER EVENTS On April 1, 2003, Devon Energy Corporation, Devon NewCo Corporation and Ocean Energy, Inc.("Ocean") entered into a letter agreement (the "Letter Agreement") amending the Agreement and Plan of Merger, dated as of February 23, 2003, by and among the parties, as amended as of March 19, 2003 (the "Merger Agreement"). The Letter Agreement amends the Merger Agreement to provide that the Ocean preferred stock that will remain outstanding after the merger will continue to have voting rights on the matters at Ocean voted on by Ocean common stockholders and that such rights will be, immediately following the merger, in approximately the same proportion to the voting rights of the Ocean common stock as was the case immediately prior to the merger. The foregoing summary of the amendment to the Merger Agreement effected by the Letter Agreement is qualified in its entirety by reference to the full text of the exhibits. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS (c) Exhibits. See the Exhibit Index, which is incorporated by reference into this item. 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. OCEAN ENERGY, INC. By: /s/ Robert K. Reeves ----------------------------- Robert K. Reeves Executive Vice President, General Counsel and Secretary Date: April 2, 2003 EXHIBIT INDEX <Table> <Caption> EXHIBIT NUMBER DESCRIPTION - ------- ----------- 99.1 Letter Agreement, dated April 1, 2003, among Devon Energy Corporation, Devon NewCo Corporation and Ocean Energy, Inc., amending the Agreement and Plan of Merger, dated as of February 23, 2003, by and among the parties, as amended. 99.2 Proxy Statement/Prospectus Supplement, dated April 1, 2003. </Table>