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.

2018 Highlights

Safety

22%

Decrease in year-over-year workforce TRIR

Seismicity

5.9

Million acres monitored by WTx Permian seismic array

Seismicity

1.7

Million acres monitored by Mid-Continent seismic array

Water Resource Management

103%

Increase in year-over-year recycled water usage

Water Resource Management

52%

Recycled water used in Permian completion operations

Spill Prevention

74%

Decrease in year-over-year released volumes

Spill Prevention

81%

Decrease in year-over-year produced water spill intensity rate

Air Quality

14%

Decrease in year-over-year total methane emissions

Air Quality

25%

Drop in year-over-year methane intensity rate

Environment

Environment

Safety and Health

Safety and Health

Community

Community

Corporate Governance

Corporate Governance