Birmingham, Alabama-based Energen Resources Corporation, the oil and gas exploration and production subsidiary of Energen Corporation, contributes more than 85 percent of Energen's consolidated net income, and is the dominant driver of corporate growth.

In the five years ending December 31, 2007, Energen's earnings growth rate and total shareholder return have averaged more than 30 percent a year, primarily due to Energen Resources remarkable performance.

Historically an acquisition and development company, Energen Resources today is generating organic production growth of some 4-5 percent a year and is pursuing the potential offered by multiple shales in north Alabama.

Energen Resources is a Top 20 U.S. independent producer on the basis of domestic reserves.