Cimarex Energy is an independent oil and gas exploration and production company. The Company's approach is focused on drill-bit driven growth in production and reserves utilizing risked rate of return economics to evaluate projects. The Company relies heavily on the organization of geoscientists to generate the company's drilling prospects.
Cimarex Energy has decentralized exploration teams who are experts in their regions. A cornerstone to the company's approach is detailed evaluation of each drilling decision based on its risk-adjusted discounted cash flow rate of return on investment. The Company's analysis includes estimates and assessments of potential reserve size, geologic and mechanical risks, expected costs and future production profiles.