DENVER, Aug. 8 /PRNewswire-FirstCall/ -- Cimarex Energy Co. (NYSE: XEC)
(Cimarex) announced today the results of its previously announced offers to
purchase for cash any and all of its outstanding 9.60% Senior Notes due 2012
(the 9.60% Notes) and any and all of its outstanding Floating Rate Convertible
Senior Notes due 2023 (the Convertible Notes) that were originally issued by
Magnum Hunter Resources, Inc. (MHR).
Cimarex has been advised by Deutsche Bank Trust Company Americas, the
depositary for the offers, that, as of the expiration of the offers at
5:00 p.m., New York City time, on August 5, 2005, no 9.60% Notes had been
tendered in the 9.60% Notes Offer, and no Convertible Notes had been tendered
in the Convertible Notes Offer.
The offer to acquire the 9.60% Notes and the offer to acquire the
Convertible Notes were each made to satisfy Cimarex's contractual obligations
under the indentures governing the notes to offer to repurchase the notes in
connection with the merger of MHR with and into a wholly-owned subsidiary of
Cimarex and, if the subsequent merger of MHR with and into Cimarex resulted in
a change in control under the indentures governing the 9.60% Notes and the
Convertible Notes, in connection with such subsequent merger.
Deutsche Bank Trust Company Americas served as both the depositary and the
information agent for the offers.
About Cimarex Energy
Denver-based Cimarex Energy Co. is an independent oil and gas exploration
and production company with principal operations in the Mid-Continent, Gulf
Coast, Permian Basin of West Texas and New Mexico and Gulf of Mexico areas of
the U.S.
SOURCE Cimarex Energy Co.
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CONTACT:
Mark Burford, Director of Capital Markets of
Cimarex Energy Co., +1-303-295-3995
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