Looking at Increasing Drilling and Completions in 2015 and 2016
Cimarex Energy (ticker: XEC) is offering six million shares of common stock at a price of $109 per share, the company announced on May 20, 2015. Including the greenshoe offering of 0.9 million shares, Cimarex will generate total proceeds of $752.1 million, not including underwriting fees.

According to the company release, “Net proceeds from the offering are expected to be used for general corporate purposes and to fund increased drilling and completion activity in the second ha...


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