James T. McManus II, Chairman, President and Chief Executive Officer of Energen Corporation (NYSE: EGN), presented today at EnerCom’s The Oil & Gas Conference® 20. Energen Corporation is an oil and gas exploration and production company with headquarters in Birmingham, Alabama. At year-end 2014, the company had 1.1 billion barrels of oil-equivalent proved, probable, and possible reserves and another 2.2 billion
ExxonMobil executes two deals for Permian acreage ExxonMobil (ticker: XOM) announced that it has acquired 48,000 acres in the core of the Midland Basin through the execution of two agreements. The agreements include an acquisition and farm-in adjoining XOM subsidiary XTO Energy’s existing acreage position in Martin and Midland Counties, providing rights to all intervals within the basin. The acreage
Multi-year acceleration of Permian development slated for 2016 start Wolfcamp B and C benches in Glasscock County may warrant two laterals per zone Energen Corporation (ticker: EGN) took measures to secure stable near-term growth this week, adding its first oil hedges for 2016 and tapping the equity markets. The measures include: Public offering of 5,700,000 shares of stock, resulting in
