Cimarex Energy (XEC) agrees to sell certain non-core, long-lived oil and gas properties in Texas...

|About: Cimarex Energy Co. (XEC)|By:, SA News Editor

Cimarex Energy (XEC) agrees to sell certain non-core, long-lived oil and gas properties in Texas for $294M. The properties produce ~2,550 boe/day, of which 75% is oil, and have proven reserves of 9.4M boe. XEC didn't disclose its plans for the sale's proceeds.

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