UNITED STATES |
FORM 8-K |
Pursuant to Section 13 or 15(d) of |
Date of Report |
Commission | IRS Employer | |||
File | State of | Identification | ||
Number | Registrant | Incorporation | Number | |
1-7810 | Energen Corporation | Alabama | 63-0757759 | |
2-38960 | Alabama Gas Corporation | Alabama | 63-0022000 |
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 230.425) [ ] 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)) |
ITEM 1.01 Entry into a Material Definitive Agreement |
On October 27, 2004, the Boards of Directors of Energen Corporation and Alabama Gas Corporation adopted the following Non-Employee Director Fee Schedule:
Board of Director Fee Schedule for Non-Employee Directors Effective as of January 1, 2004
Retainer $2,000 per month (1) Retainer Supplement Committee Chair $ 250 per month (1) Retainer Supplement Audit Committee $ 250 per month (1)* Board Meeting Attendance Fee $1,500 per meeting attended (2) Committee Meeting Attendance Fee $1,500 per meeting attended (3) Annual Share Grant 600 shares per year (4)
1992 Directors Stock Plan. * Audit Committee Chair receives a total supplement of $500 per month ($250 Committee supplement plus $250 Chair supplement) |
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 30, 2004 | By /s/ G. C. Ketcham | |
G. C. Ketcham |