Rule 424(b)(2)
Registration No. 333-11239
PRICING SUPPLEMENT NO. 18 , DATED July 23, 1997
(To Prospectus dated September 13, 1996 and Prospectus Supplement
dated September 13, 1996)
ENERGEN CORPORATION
Medium-Term Notes, Series A
CUSIP #29265AAQ9
FIXED RATE NOTE
Trade Date: July 23, 1997
Principal Amount: $2,000,000 Original Issue Date: 7/28/97
Issue Price: 100% (Par) Commission Rate: 0.750%
Net Proceeds: $1,985,000
Interest Rate Per Annum: 7.23 %Stated Maturity Date: 7/28/17
Interest Payment Dates: April 1 and October 1
Presenting Agent: Smith Barney, Inc. , as agent
Additional Terms: None
