Energen Declares Quarterly Cash Dividend

BIRMINGHAM, Ala.--()--The Board of Directors of Energen Corporation (NYSE: EGN) today declared a quarterly cash dividend of 13.5 cents per share payable June 1, 2011, to shareholders of record on May 13, 2011.

Energen Corporation is a diversified energy holding company with headquarters in Birmingham, Alabama. Its dominant business is the acquisition, development, and exploration of oil, natural gas, and natural gas liquids. Through Energen Resources Corporation, the company has more than 690 million barrels of oil-equivalent proved, probable, and possible reserves. These all-domestic reserves are located mainly in the San Juan and Permian basins. Energen subsidiary Alabama Gas Corporation is the largest distributor of natural gas in Alabama and has a business heritage in the state spanning more than 150 years. For more information, go to http://www.energen.com.

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Energen Corporation
Julie S. Ryland, 205-326-8421

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