ENERGEN, RING

摘要

Energen Corp. holds 122,000 gross and 88,000 net acres in the CBP Jim McMa-nus, chairman, president and CEO, said in an earnings call this past spring that the company is looking at horizontal potential in the position. But the asset isn't core to the Permian pure-play E&P, while its Midland and Delaware holdings are, he added. The company's position includes Andrews County's Fuhrman-Mascho Field, which it purchased from Range Resources Corp. for $182 million in 2009. Seaport Global Securities LLC analysts reported in June that Energen "would prefer to fund a large acquisition—in the Midland or Delaware—via the sale of its Central Basin Platform asset, which it believes could garner more than $600 million, as opposed to using equity."