Energen (EGN) Tops Q1 EPS by 3c

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Go back to Energen (EGN) Tops Q1 EPS by 3c

Energen to Invest Additional $100-$150 MM in 2H16 to Rebuild DUC Inventory

May 5, 2016 4:31 PM EDT

Core Delaware Basin EURs for 10,000 Lateral Wolfcamp A & B Wells Could Reach 2 MMBOE

Energen Continues to Strengthen Its Hedge Position in 2016 and 2017

Highlights

Energen to invest additional $100-$150mm in 2H16 to drill 35-50 net wells that will be available for completion in 2017 Some 8-10 of the 2H16 wells will be drilled in the core central Delaware Basin; the remainder in the Midland Basin Energen adds approximately 3,700 net acres through year-to-date bolt-on acquisitions... More