Energen Resources Company News

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Corvex, Icahn to Mull Bid for Oil and Gas Producer Energen
Activist hedge fund manager Keith Meister and billionaire investor Carl Icahn said they may try to buy oil and gas producer Energen Corp.
8:00 PM EST | May 20, 2018
Energen's Oil Production Forecast Misses Estimates Amid Proxy Fight
Energen reports a better-than-expected quarterly profit, but expectations for oil production fell short.
7:00 PM EST | February 19, 2018
Baker Hughes: US Oil Drillers Add Rigs for Fifth Week in Six
US drillers this week added oil rigs for a fifth week in six, according to a closely followed report Friday, prompting analysts to predict the rig count has bottomed and production will start to edge up early next year.
8:00 PM EST | July 07, 2016
Texas Shale Drillers Lure $2 Billion in New Equity to Permian
Oil producers in West Texas, defying expectations they would fall victim to OPEC’s price war, are instead selling investors on the idea that they can still profit with prices below $35 a barrel.
7:00 PM EST | February 01, 2016
Energen Adds Additional Acreage in Permian Basin
Energen has signed a Purchase and Sale Agreement with a private seller to acquire 10,360 net Wolfberry acres in the southeast portion of the trend.
8:00 PM EST | October 31, 2010
Energen to Purchase Permian Basin Assets
Energen has signed a purchase and sale agreement to buy Permian Basin assets in the Wolfberry trend from a private seller for $185MM plus standard closing adjustments.
8:00 PM EST | August 22, 2010
Energen Adds to 2010, 2011 Oil Hedge Positions
Energen Resources Corporation has hedged an additional 492,000 barrels of its 2010 oil production at a NYMEX price of $76.30 per barrel and 456,000 barrels of its 2011 oil production at a NYMEX price of $79.50 per barrel.
8:00 PM EST | July 26, 2009
Energen Snaps Up Stake in Permian Basin's Fuhrman-Mascho Field
Energen has completed the acquisition of Range Resources Corporation's interests in the Fuhrman-Mascho Field in the Permian Basin.
8:00 PM EST | June 29, 2009
Energen Strengthens 2009, 2011 Hedge Positions
Energen has hedged an additional 20.3 billion cubic feet of its 2011 natural gas production and 1.1 million barrels of its 2011 oil production.
8:00 PM EST | June 23, 2009
Energen Adds to 2009, 2011 Hedge Position
Energen announced today that its oil and gas exploration and production subsidiary has hedged an additional 450,000 barrels of its July-December 2009 oil production at an average NYMEX-equivalent price of $75.19 per barrel.
8:00 PM EST | June 14, 2009
Energen Initiates 2011 Natural Gas Hedging for San Juan Production
Energen has hedged 7.2 billion cubic feet of its 2011, San Juan Basin, natural gas production at an average NYMEX-equivalent price of $7.32 per thousand cubic feet.
8:00 PM EST | June 01, 2009
Energen Adds 2010 Hedges
Of the new gas hedges, approximately 19 Bcfe are San Juan Basin-specific; the average NYMEX-equivalent hedge price is $9.21 per Mcf, and the assumed basis differential is $1.03 per Mcf.
8:00 PM EST | March 13, 2008
Energen Adds 14.5 Bcf to 2009 Hedge Position
Energen Corporation announced that its oil and gas exploration and production subsidiary, Energen Resources Corporation, has hedged an additional 14.5 billion cubic feet of its 2009 natural gas production.
7:00 PM EST | January 15, 2008
MMS Recognizes Four Companies for Performance
The U.S. Minerals Management Service (MMS) today named four recipients of its prestigious Mineral Revenues Stewardship Award.
8:00 PM EST | April 11, 2006
Energen Increases Natural Gas Hedge Position
Energen has entered into additional hedge contracts applicable to the 2007 production of its oil and gas acquisition and exploitation company, Energen Resources.
7:00 PM EST | March 14, 2006
Energen Unit to Acquire Permian Basin Properties for $168 MM
Energen Resources has signed a purchase and sale agreement to buy Permian Basin oil properties from a private company for $168 million (subject to closing adjustments).
7:00 PM EST | November 22, 2005