Cimarex Announces Pricing of $350 Million of Senior Notes

Cimarex Energy Co. today announced that it has sold $350 million of 7.125 percent senior notes that will mature May 1, 2017.

The notes were sold to the public at par. The net proceeds will be used to redeem the 9.6% senior notes assumed in the Magnum Hunter merger which have a face value of $195 million and repay amounts currently outstanding under its revolving credit facility.

Interest is payable May 1 and November 1 of each year. The first interest payment will be made on November 1, 2007, and will consist of interest from closing to that date. The offering is expected to close on May 1, 2007.

J.P. Morgan Securities Inc. and Lehman Brothers Inc. acted as joint book- running managers for the offering.

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