The Birmingham, Ala.-based holding company sold contracts for 5.04 billion cubic feet (Bcf) of Energen Resources' 2007 natural gas production at a NYMEX price of $9.34 per thousand cubic feet (Mcf). In addition, it entered into swaps for 10.08 million gallons (MMgal) of its 2007 natural gas liquids (NGL) production at an average price of 79.5 cents per gallon.
These latest hedges bring Energen Resources' total 2007 hedge position to:
Most Popular Articles
From the Career Center
Jobs that may interest you