Energen (EGN) Misses Q4 EPS by 11c

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Go back to Energen (EGN) Misses Q4 EPS by 11c

Energen’s First Jo Mill Wells Tracking 1,200 MBOE EUR Type Curve

February 11, 2016 4:30 PM EST

Company Plans to Exit San Juan Basin and Sell Other Non-Core Assets in Delaware Basin

Focus on Capital Discipline, Expense Reductions in 2016

Highlights

340 net engineered Jo Mill and Middle Spraberry locations added to companys Midland Basin inventory Revised unrisked potential drilling inventory supports net potential of more than 2 billion BOE in Permian Basin Identified asset sales in San Juan and Delaware basins could bolster 2016 cash flows by estimated $400 million Horizontal well... More