Over the last several years, Energen has focused on growing its oil and natural gas liquids production through acquisitions and drilling in the Permian Basin.
Michelle A. Speed Investor Relations Coordinator 1-205-326-2634
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A top 20 independent producer on the basis of U.S. proved reserves at year-end 2010, Birmingham-based Energen Corporation is capitalizing on its balance sheet strength and financial capacity to embark in 2012 on another record year of capital investment to drill and develop its liquids-rich Permian assets. The company plans to continue developing its extensive Wolfberry inventory while pursuing multiple opportunities in the Permian’s Delaware Basin. Energen’s single-state utility distributes natural gas to more than 437,000 customers in Alabama and is the primary contributor to Energen’s cash dividend.
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