Corporate Responsibility

Our approach is to analyze every project individually to determine its economic, safety and environmental impacts over the life of the project

Community

At Cimarex, we think of community primarily in two ways—it is both our company culture and the communities in which we live and operate.

Cimarex office shots

Cimarex recognizes diversity can lead to richer discussions, better productivity and increasing company returns. We focus on attracting high quality personnel who have strong technical competence, are not afraid to contribute new ideas, and work well in a team environment. Cimarex recently undertook a study of compensation across all areas and disciplines within our company. The data confirmed no compensation bias at Cimarex, and every employee is paid similarly for their position regardless of gender, ethnicity or age. This study will be reviewed on an annual basis to ensure these results remain consistent.

Community Impact

Cimarex’s goal is to minimize our impact on the communities in which we operate for the long term. We are drilling and completing multiple horizontal wells from a single surface location. In addition, we have increased the length of our horizontal wells. Both of these actions have decreased our surface impact. The smaller footprint has a positive impact on the communities in which we operate by creating less traffic on the roads, fewer tank batteries, fewer well sites and more efficient field management.

For example, we are continuing to expand our produced water infrastructure in the Permian Basin, which reduces our operating costs and also reduces truck traffic. In the Mid-Continent region, we are installing produced water infrastructure where appropriate.

We are always looking to connect with our neighbors. When we are entering a new area or changing our operations significantly, we meet with the community to share a timeline and key attributes of our operations and to listen to community ideas and concerns.

In the event we find an injured animal on our property, we contact the Wildlife Center of Texas, in which we are active members, and local authorities as required. The Wildlife Center of Texas is staffed by experienced state and federally permitted wildlife rehabilitators, on-site veterinarians and veterinary technicians who can care for these animals and prepare them for return into their natural habitat.

Community Support

Cimarex is dedicated to making an impact in the communities where we live and work. Company contributions are considered on a case-by-case basis with an emphasis on organizations whose work has a broad impact on the community. In addition, Cimarex matches charitable donations made by employees of up to $500.

Some examples of community outreach by the company includes:

  • Donating to the Tulsa Regional STEM Alliance (TRSA), which focuses on providing students access to high-impact careers in science, technology, engineering and math (STEM). Specifically, Cimarex sponsors an inspiring day of learning for 300 girls through the Sonia Kovaleski Day as well as an ongoing math mentor program in a Tulsa elementary school.
  • Sponsoring programming for A Gathering Place for Tulsa, which provides a recreational, civic and cultural destination for Tulsa’s diverse community. Specifically, Cimarex agreed to sponsor health & wellness activities, arts & culture exhibitions and performances, and nature & outdoor educational lectures and classes.
  • Funding the “Free Sundays” program for the Museum of the Southwest in Midland, TX, allowing the community free access to art, science, history and culture.
  • Sponsoring the Cimarex Science on a Sphere (SOAS) at the Museum of the Southwest in Midland, TX, this interactive installment assists in STEM education with partner schools in the area and allows visitors to learn about the Earth and other planets hands on.
  • Participating in the Permian Strategic Partnership (PSP), a coalition of leading Permian Basin energy companies who work together with local leaders to improve the quality of place for Permian families. For example, Cimarex is investing in IDEA Public Schools which supports the opening of 14 schools across Midland and Odessa by the 2024-25 school year.