DENVER, Jan. 15, 2020 /PRNewswire/ -- 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.
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SOURCE Cimarex Energy Co.