|
|
News Breaks
|
February 10, 2012
|
| 16:34 EDT |  | EGN |
| theflyonthewall.com: | Energen to acquire proved Wolfberry properties | | Energen announced that its oil and gas exploration and production subsidiary, Energen Resources, has signed a purchase and sale agreement to buy a primarily proved undeveloped Wolfberry package from a private seller for $65.8M plus standard closing adjustments. Energen also announced that it is cutting approximately $45M from Energen Resources' planned capital investment in the San Juan Basin in 2012. This capital reduction is a direct result of the current outlook for low natural gas prices. The bulk of the company's natural gas production comes from the San Juan Basin. :theflyonthewall.com |
|
|
News For EGN From The Last 14 Days Check below for free stories on EGN the last two weeks.
| Sign up for a free trial to see the rest of the stories you've been missing. |
There are no results for these search parameters.
|
|
|
|
