| Energen Corporation, an energy holding company, through its subsidiaries, engages primarily in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids in the continental United States. The company also purchases, distributes, and sells natural gas, principally in central and north Alabama. As of December 31, 2003, Energens inventory of proved oil and gas reserves totaled 1,364.9 billion cubic feet equivalent. The companys reserves are located in the San Juan Basin in New Mexico, the Permian Basin in west Texas, the Black Warrior Basin in Alabama, and the north Louisiana/east Texas region. Energen was incorporated in 1978 and is headquartered in Birmingham, Alabama. |