 In 2004, Energen Resources acquired San Juan Basin coalbed methane properties from a private company for $273 million.In 2009, the company acquired assets in the Permian Basin from Range Resources for $182 million.In 2014, the company sold its natural gas utility business, Alabama Gas Corporation (Alagasco), to Laclede Group for $1.35 billion in cash and the assumption of $250 million in debt.