UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 Or 15(d) of The Securities Exchange Act of 1934
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b–2 of the Securities Exchange Act of 1934 (§ 240.12b–2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
ITEM 5.02 | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
Departure Director and Principal Operating Officer
On January 10, 2020, Joseph R. Albi, Executive Vice President—Operations and Chief Operating Officer, notified Cimarex Energy Co. (the “Company”) that he would retire as an officer and employee of the Company on July 1, 2020. As Executive Vice President—Operations and Chief Operating Officer, Mr. Albi serves as the Company’s Principal Operating Officer. In accordance with the Company’s Corporate Governance Guidelines, Mr. Albi also will resign as a director of the Company effective July 1, 2020. Mr. Albi’s resignation is not the result of any disagreement with the Company.
A copy of the Company’s press release concerning Mr. Albi’s resignation is attached to this Current Report on Form 8-K as Exhibit 99.1.
ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
D. Exhibits
Exhibit No. | Description |
99.1 | Cimarex News Release, dated January 15, 2020. |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, Cimarex has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CIMAREX ENERGY CO. | ||
Dated: January 15, 2020 | By: | /s/ Francis B. Barron |
Francis B. Barron | ||
Senior Vice President—General Counsel |
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Exhibit 99.1
Cimarex Energy Co. 1700 Lincoln Street, Suite 3700 Denver, CO 80203 |
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Cimarex Announces Retirement of Joseph R. Albi,
Executive Vice President, Chief Operating Officer and Director
DENVER, January 15, 2020 - Cimarex Energy Co. (NYSE: XEC) today announced that its Executive Vice President and Chief Operating Officer (COO), Joe Albi, has informed management and the Cimarex Board of Directors of his retirement as an officer and director of the company effective July 1, 2020. Mr. Albi has been with Cimarex since its formation in 2002, having joined Key Production Company at its outset in 1994. Key was transformed into Cimarex through a merger with Helmerich & Payne’s exploration and production business in 2002. Mr. Albi rose through the ranks and was ultimately named Executive Vice President and COO as well as elected to the Board of Directors in September 2011. He is a graduate of the Colorado School of Mines with a B.S. in Petroleum Engineering and M.S. in Mineral Economics.
Mr. Albi stated, “My tenure at Cimarex has been truly rewarding and I am fortunate and grateful to have been part of such a talented, success-driven organization. I take great pride in our accomplishments.”
Thomas E. Jorden, Chief Executive Officer and Chairman, said, “It would be impossible to overstate the role that Joe Albi has had on Cimarex’s development since our founding. His passion for excellence, attention to detail, and commitment to measurable returns have shaped our organization and our culture. We have all learned a tremendous amount from Joe over the years and we will miss him. To his credit, he will leave us well prepared for the future. We are excited for Joe’s next adventure and we wish him well in retirement.”
About Cimarex Energy
Denver-based Cimarex Energy Co. is an independent oil and gas exploration and production company with principal operations in the Permian Basin and Mid-Continent areas of the U.S.
For further information
Cimarex Energy Co.
Karen Acierno – VP of Investor Relations
IR@cimarex.com
303.285.4957
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Cover |
Jan. 10, 2020 |
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Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Jan. 10, 2020 |
Entity File Number | 001-31446 |
Entity Registrant Name | CIMAREX ENERGY CO. |
Entity Central Index Key | 0001168054 |
Entity Tax Identification Number | 45-0466694 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 1700 Lincoln Street |
Entity Address, Address Line Two | Suite 3700 |
Entity Address, City or Town | Denver |
Entity Address, State or Province | CO |
Entity Address, Postal Zip Code | 80203 |
City Area Code | 303 |
Local Phone Number | 295-3995 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock ($0.01 par value) |
Trading Symbol | XEC |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |