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Energen Adds Exploration And Operations Executives

Stocks in this article: EGN

David A. Godsey and David J. Minor have been elected by the Energen Corporation (NYSE: EGN) Board of Directors to head the exploration and operations efforts of the company’s oil and gas exploration and production unit, Energen Resources Corporation. The company is focused on the exploration and development of its oil and natural gas liquids assets in the Permian Basin, where it is developing the Wolfberry and 3 rd Bone Spring plays and in the beginning stages of testing the Wolfcamp and Cline potential across its extensive acreage position.

As Senior Vice President of Exploration and Geology effective December 10, 2012, Godsey brings to Energen 34 years of experience in prospect generation and evaluation, including 28 years in the Permian Basin. Godsey succeeds Ronald Tisdale, who will retire at the end of the year after serving the company for more than 25 years; prior to joining Energen, Tisdale was staff geologist at Union Oil Company.

Minor joins Energen Resources effective December 1, 2012, as Senior Vice President of Operations. He has more than 30 years of engineering and engineering management experience in the energy industry, including onshore and offshore project planning, reservoir, drilling, completion, and production. Minor succeeds Paul Sparks, who has assumed new duties as Senior Vice President of Resource Development and Technology. Sparks joined Energen Resources in 1989; he previously worked with Amoco Production Company.

“The addition of David Godsey and David Minor to our senior management team at Energen Resources is an important step in ensuring that we remain well-positioned to maximize our potential – both now and in the future -- in all the basins in which we operate,” said James McManus, Energen’s chairman and chief executive officer. “No basin is more important to us right now than the Permian Basin, where we are spending significant capital to develop and explore multiple plays. And we are pleased that Paul Sparks will now be able to devote his full attention to the planning and execution of our resource drilling, completion, and testing programs.”

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