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Energen Resources Corp
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SIG Client Mini- Conference
| James McManus | Page 6 of 11 |
April 25, 2024
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E&P CAPITAL I NVESTMENT Record drilling & development capital in 2011 Preliminary capital plans: 2012: $915 MM 2013: $890 MM investment targeting Permian Debt - to - Total Cap <$30% $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $559 $465 $554 $578 - $607 $ 20 $16 $36 $25 $413 $225 $332 $770 $19 $191 $409 $80 $MM ATCF Range Exploratory Capital Development Capital Acquisitions $432 $ 452 5 2008 2010 2011e 2009 $ 777 $ 875