Attached files
| file | filename |
|---|---|
| EX-10.1 - EX-10.1 - ENERGEN CORP | d822904dex101.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report
November 17, 2014
| Commission File Number |
Registrant |
State of Incorporation |
IRS Employer Identification Number | |||
| 1-7810 | Energen Corporation | Alabama | 63-0757759 |
| 605 Richard Arrington Jr. Boulevard North Birmingham, Alabama |
35203 | |
| (Address of principal executive offices) | (Zip Code) |
(205) 326-2700
(Registrant’s telephone number including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 23 0.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 1 – Registrant’s Business and Operations
| Item 1.01 | Entry into a Material Definitive Agreement |
Energen Corporation (“Energen”) has partially exercised the accordion feature of its Credit Agreement, dated September 2, 2014, as amended, among Energen, as borrower, Wells Fargo Bank, National Association, as administrative agent (the “Agent”), and the institutions named therein as lenders (the “Credit Agreement”), pursuant to a Commitment Increase Letter, dated November 17, 2014 (the “Commitment Increase Letter”), among Energen, existing lenders and the Agent.
The Commitment Increase Letter increased the total revolving commitments under the Credit Agreement by $500 million, from a total of $1.5 billion to a total of $2 billion. All other terms and conditions of the Credit Agreement remain unchanged.
The preceding summary of the material terms of the Commitment Increase Letter is qualified in its entirety by the full text of such agreement, which is filed herewith as Exhibit 10.1. In the event of any discrepancy between the preceding summary and the text of the Commitment Increase Letter, the text of the Commitment Increase Letter shall control.
Section 2 – Financial Information
| Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant |
The information required by this Item 2.03 is included in Item 1.01 and incorporated herein by reference.
Section 9 Financial Statements and Exhibits
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
| EXHIBIT |
DESCRIPTION | |
| 10.1 | Commitment Increase Letter dated November 17, 2014, by and among Energen Corporation, as borrower, Wells Fargo Bank, National Association, as administrative agent, and the institutions named therein as lenders. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| ENERGEN CORPORATION | ||||||
| November 18, 2014 |
By |
/S/ CHARLES W. PORTER, JR. | ||||
| Charles W. Porter, Jr. | ||||||
| Vice President, Chief Financial Officer and Treasurer of Energen Corporation | ||||||