CIMAREX ENERGY CO
Sector: Independent Oil - Gas
Latest Quote @ Wed Dec 12 07:29:17 (15 min delayed)
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Cimarex Energy Co. operates as an independent oil and gas exploration and production company in the United States. Its exploration and development activities are primarily focused in western Oklahoma and the upper Gulf Coast areas of Texas and south Louisiana. Cimarex has smaller projects in Kansas, the Hardeman Basin of north Texas; the Permian Basin of west Texas and southeast New Mexico; the Mississippi Salt Basin; and the northern San Joaquin Valley of California. In addition, Cimarex Energy markets third party gas incidental to the sale of its production. Through its subsidiary, Cimarex Energy Services, Inc., the company purchases and markets Cimarex's and third-party natural gas production for resale. In addition, it provides compression, gathering, and gas processing services in Oklahoma, Texas, and Kansas. As of December 31, 2004, the company's proved reserves were totaled 449.0 billion cubic feet equivalent consisting of 364.6 billion cubic feet of gas and 14.1 million barrels of oil. Cimarex was formed in 2002 and is headquartered in Denver, Colorado.