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Cimarex Energy Co. is an independent oil and gas exploration and production company. The Companyï¿½s exploration and development (E&D) activities have been conducted primarily within two main areas: the Mid-Continent region and the Permian Basin. As of December 31, 2011, its proved oil and gas reserves totaled 2.05 trillion cubic feet equivalent, consisting of 1.2 trillion cubic feet of gas and 138 million barrels of oil and natural gas liquids. Of total proved reserves, 59% are gas and 82% are classified as proved developed. During the year ended December 31, 2011, production averaged 592.3 million cubic feet equivalent per day, comprised of 329.1 million cubic feet of gas per day and 43,875 barrels of oil and natural gas liquids per day. During 2011,the Company drilled and completed 331 gross (174 net) wells. In August 2011, the Company sold all of its interests in assets located in Sublette County.