Black Warrior

Energen Divests Black Warrior Basin Assets in $160M Deal

Energen Divests Black Warrior Basin Assets in $160M Deal

Birmingham, AL-based Energen Corp. said this week it has signed an agreement with an undisclosed buyer to sell its Black Warrior Basin coalbed methane (CBM) assets in Alabama for $160 million plus standard closing adjustments. The company expects the sale to close in early October with an effective date of July 1, 2013.

August 30, 2013