Cimarex Is Directing Most of Its Capital to the Permian
Cimarex Energy is a pure-play U.S. shale producer with nearly all of its activity in the Delaware portion of the Permian Basin in Texas and New Mexico and the Anadarko Basin in Oklahoma. In 2018, roughly 60% of production came from the Permian, which is has become much more of the focal point than the Anadarko.Cimarex holds 259,000 net acres in the Delaware across several counties in Texas and New Mexico, which was recently boosted by the acquisition of Resolute Energy. The Permian, which includ...Cimarex Energy is an independent oil and gas exploration and production company. The company's operations are mainly located in Texas, New Mexico, and Oklahoma. The company's operations are focused in two main areas: the Permian Basin and the Mid-Continent. The company's Permian Basin region encompasses west Texas and southeast New Mexico. The company's Mid-Continent region consists of Oklahoma and the Texas Panhandle.
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