Corporate Responsibility

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

CEO Letter

Karen Acierno

Cimarex is committed to long-term value creation for our shareholders, employees and our communities. As part of that commitment, Cimarex takes environmental responsibility, safety and good corporate governance seriously. No company can succeed over the long run without paying attention to all of its impacts—now and in the future.

There is a widespread belief that the oil and gas industry cannot be counted on to create value over the long run because, in the not-too-distant future, we will be sidelined by alternative energy and restrictive policies. Traditional ESG reporting can encourage this negative picture because it tends to focus on environmental impact without a commensurate discussion of our industry’s unique and irreplaceable benefits.

I want to share with you how we at Cimarex think about the future of oil and gas, and why we believe that our industry and our company will play an important role in helping our world flourish in the decades ahead. The Cimarex long-range perspective requires looking carefully at all of our impacts on our stakeholders—both the benefits and potential concerns highlighted by traditional ESG reporting.

2017 Highlights

Safety

27%

Decrease in employee TRIR

Water Resource Management

146%

Increase in recycled water usage

Spill Prevention

56%

Reduction in number of total reportable releases

Air Quality

18%

Decrease in total methane emissions

Spill Prevention

89%

Reduction in hydrocarbon spill release volumes

Air Quality

35%

Drop in methane intensity rate

Environment

Environment

Safety and Health

Safety and Health

Community

Community

Corporate Governance

Corporate Governance