ENERGEN CORP, 424B2, 1997-07-21

ENERGEN CORP
424B2, 1997-07-21
NATURAL GAS DISTRIBUTION

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                                                 Rule 424(b)(2)
                                     Registration No. 333-11239




PRICING SUPPLEMENT NO.   12    , DATED      July 17, 1997      

(To Prospectus dated September 13, 1996 and Prospectus Supplement
dated September 13, 1996)


                       ENERGEN CORPORATION
                   Medium-Term Notes, Series A
                         CUSIP #29265AAK2


FIXED RATE NOTE

Trade Date:     July 17, 1997                    

Principal Amount:   $ 2,000,000    Original Issue Date:   7/22/97 

Issue Price:             100 % (Par)    Commission Rate:     0.750%

Net Proceeds:       $ 1,985,000     

Interest Rate Per Annum:      7.40 %  Stated Maturity Date: 7/24/17 

Interest Payment Dates:     April 1 and October 1   

Presenting Agent:            Smith Barney Inc.     , as agent

Additional Terms:
     Callable after 10 years with payment of a premium of 3.70%
     declining pro-rata semi-annually to 15 years after which no
     premium is required.