Energen (EGN) Misses Q2 EPS by 12c, Offers Guidance

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Go back to Energen (EGN) Misses Q2 EPS by 12c, Offers Guidance

Energen Raises 2015 Annual Production Guidance by 500,000 BOE

August 6, 2015 4:30 PM EDT

Strong Results Generated by 9 Appraisal Wells in Delaware, Midland basins

Continued Efficiency Gains Reflected in Declining Days to Drill Development Wells

Highlights

Record production in 2015 estimated to increase 19% from 2014, with oil estimated to be up 21% Average length of time to drill to total depth 7,500 Wolfcamp A development wells in Glasscock Co. in 2Q15 dropped by 7 days to 14, as efficiency gains continued; the shortest drill time was 11 days from spud to TD East to west across the southern Delaware Basin, 6 new... More