Current XEC Stock Info

Cimarex Balances Innovation and Efficiency
Cimarex (ticker: XEC) continues to look for the best long-cycle returns on their drilling, and the company appears to have found it in its long-length laterals.

The company is increasingly looking to improve the efficiency of its two-mile laterals, reporting that its first lateral of this length in the Meramec in Oklahoma is showing a peak 30-day IP of over 16 MMcfe.

Tom Jorden, president, chairman and CEO of Cimarex said during a recent conference call that the new well, called the Clayton, re...


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