Cimarex Expects 2017 Output Growth

摘要

At 947 MMcfe/d, US independent Cimarex Energy missed its third-quarter production guidance, but Wells Fargo analyst David Tameron said he expects output to top 1 Bcfe/ d in December, setting up a strong 2017. Cimarex was less optimistic, pegging fourthquarter production at 945 MMcfe-985 MMcfe/ d, but was equally as enthused about next year's prospects. "We will enter 2017 with great momentum," Jordan said. Denver-based Cimarex expects to produce as much as 1.1 Bcfe/d for full-year 2017.