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Energen Corp- (EGN)-engages in the development, acquisition, exploration, and production of oil, natural gas, and natural gas liquids in the United States. It also involves in the purchase, distribution, and sale of natural gas to residential, commercial, and industrial customers, as well as other end-users of natural gas in central and north Alabama. In addition, the company provides gas transportation services for industrial and commercial customers located on its distribution system. As of December 31, 2007, Energen Corporation had proved oil and gas reserves of 1,754 billion cubic feet equivalent in the San Juan Basin in New Mexico and Colorado, the Permian Basin in west Texas, and the Black Warrior Basin in Alabama. The company was founded in 1929 and is headquartered in Birmingham, Alabama.
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