ENERGEN IN ALABAMA

摘要

Birmingham, Alabama-based Energen Corp., through subsidiary Energen Resources Corp., has steadily grown its E&P assets during the past 13 years. The gas-utility operator's E&P business had proved reserves of 100 billion cubic feet of gas in the Black Warrior Basin in 1995. Today, its E&P business is the source of 85% of its revenues, and holds 1.6 trillion cubic feet equivalent of proved gas, oil and gas liquids reserves, with another 1.9 trillion probable and possible, placing it among the top 20 U.S. E&P independents.