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SeekingAlpha Energy Stocks (Free subscription) | 05/11/2008
Cimarex Energy Co. (XEC) Q3 2008 Earnings Call Complete Story »
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oil and energy news (Free subscription) | 21/10/2008
Cimarex Energy to pay $180 million to Chesapeake for expanded acreage in Oklahoma field\ NEW YORK (Associated Press) - Cimarex Energy Co. said late Monday it will pay $180 million to buy acreage in a shale oil and gas formation in Oklahoma’s Anadarko Basin. The independent oil and gas exploration and production company said it will acquire [...]
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PR News Wire (Free subscription) | 21/10/2008
DENVER, Oct. 20 /PRNewswire-FirstCall/ -- Cimarex Energy Co. (NYSE:
XEC) today announced the expansion of its Woodford Shale position in the
Anadarko Basin of western Oklahoma. Cimarex has entered into an agreement
with Chesapeake Energy Corporation (NYSE: ) to acquire 38,000 net acres
for $180 million.
The acreage is located in Blaine and Canadian counties, with 88% held
by production and...
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PR News Wire (Free subscription) | 28/11/2008
Although Helmerich & Payne is identified in the caption of this litigation, Helmerich & Payne does not believe that it will incur any damages with respect to such litigation since Helmerich & Payne is indemnified for these damages by Cimarex Energy Co. ("Cimarex"). The Krug litigation relates to the exploration and production ("E&P") business that was separated from Helmerich & Payne pursuant...
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SeekingAlpha Energy Stocks (Free subscription) | 18/11/2008
Kurt Wulff ( McDep Associates ) submits: B uy-recommended Cimarex Energy (XEC) is taking advantage of its operating and financial strength to acquire promising shale gas acreage in western Oklahoma from Chesapeake Energy (CHK) for $180 million. The acquired leases cover most of the same land where XEC has already participated in 18 of the 23 industry wells drilled to tap natural gas in the...
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The Denver Business Journal (Free subscription) | 21/11/2008
... (19.12 percent) to $31.27.St. Mary Land & Exploration Co. (SM), up $3.19 (20.84 percent) to $18.50.Cimarex Energy Co. (XEC), up $2.55 (11.24 percent) to $25.23.The biggest losers were:Red Robin Gourmet Burgers Inc. (RRGB), down 91 cents (9.26 percent) at $8.92.TeleTech Holdings Inc. (TTEC), down 28 cents (3.85 percent) at $7.00.MarkWest Energy Partners LP (MWE), down 21 cents (2.10 percent)...
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billingsgazette.com top headlines (Free subscription) | 19/11/2008
... the Big Sky partnership. The main private partners are Houston-based Schlumberger and Denver-based Cimarex Energy Co., Spangler said.The eight-year project involves drilling a CO2 injection well into the Nugget Sandstone formation, about 11,000 feet underground. Similarsandstone formations are found throughout the region and potentially could store more than 100 years of CO2 emissions, according...
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Market Watch (Free subscription) | 04/11/2008
TEL AVIV (MarketWatch) -- Cimarex Energy Co., the Denver oil-and-gas company, swung to a third-quarter loss -- after a write-down tied to an assessment of future proved reserves -- from a year-earlier profit on 67% higher revenue. The loss was $232.1 million, or $2.85 a share, compared with net income of $73.2 million, or 87 cents, in the year-earlier period. Adjusted earnings, which exclude...
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The Denver Business Journal (Free subscription) | 04/11/2008
Cimarex Energy Co. said Tuesday it had a net loss in the third quarter of $232.1 million, or minus $2.85 per share, a swing from third-quarter 2007 earnings of $73.2 million, or 87 cents per share. (XEC) (FST) (SM)
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10Q Detective (Free subscription) | 09/11/2008
... environment of lower natural gas prices, especially in the Mid-Continent and Permian Basin, Cimarex Energy (XEC-$$33.67) from the third-quarter high at 42 to somewhere between 25 and 30 rigs by the middle of the fourth-quarter ended December 31. As the company has historically increased production through the drill bit, one would expect downward revisions to add-ons in 2009 production and...
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PR News Wire (Free subscription) | 05/11/2008
... )
CANO Petroleum (NYSE Alternext US: CFW)
Carrizo Oil & Gas (NASDAQ: )
CGG Veritas (NYSE: )
Cimarex Energy (NYSE: )
DeJour Enterprises (NYSE Alternext US: DEJ, TSX-V: DEJ, Frankfurt: D5R)
Double Eagle Petroleum (NASDAQ: )
Dune Energy (NYSE Alternext US: DNE)
El Paso Corporation (NYSE: )
Enterprise Products Partners (NYSE: )
Evolution Petroleum (NYSE Alternext US: EPM)
Flotek Industries...
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PR News Wire (Free subscription) | 04/11/2008
DENVER, Nov. 4 /PRNewswire-FirstCall/ -- Cimarex Energy Co. (NYSE: )
today reported third-quarter 2008 operating results. For the quarter,
adjusted net income was $185.2 million, or $2.19 per diluted share.
Cimarex's adjusted net income excludes a $657.1 million ($417.4 million
after-tax) full-cost, non-cash ceiling test write-down which is typically
not included in security analyst's published...