DENVER--(BUSINESS WIRE)--Mar. 19, 2012--
SM Energy Company (NYSE:SM) today announces that it is extending its
previously announced put right offer related to its outstanding 3.50%
Senior Convertible Notes due 2027 (the "Notes") until 12:00 midnight
(one minute after 11:59 p.m.), New York City Time on March 30, 2012. The
tender offer was originally scheduled to expire at 5:00 p.m. on March
30, 2012, but is being extended to comply with the Securities and
Exchange Commission requirements. The tender offer is being made
pursuant to a Schedule TO (as amended), including a Put Right Notice
dated March 5, 2012, which sets forth the terms of the put right.
Based on information from Wells Fargo Bank, N.A., no holders of the
Notes had exercised their put right as of 5:00 p.m. New York City Time
on Friday, March 16, 2012.
This press release is for information only and is not an offer to
purchase, a solicitation of an offer to purchase, or a solicitation of
an offer to sell securities of SM Energy Company. The offer to purchase
the Notes will be only pursuant to, and the Notes may be tendered only
in accordance with the Company's Put Right Notice dated March 5, 2012
and related documents. Holders of Notes may request the Company's Put
Right Notice from the paying agent, Wells Fargo Bank, N.A.
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By Registered & Certified Mail:
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By Regular Mail & Overnight Courier:
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By Telephone:
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WELLS FARGO BANK, N.A.
Corporate Trust Operations
MAC
N9303-121
PO Box 1517
Minneapolis, MN 55480
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WELLS FARGO BANK, N.A.
Corporate Trust Operations
MAC
N9303-121
Sixth & Marquette Avenue
Minneapolis, MN
55479
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(800) 344-5128
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HOLDERS OF NOTES AND OTHER INTERESTED PARTIES ARE URGED TO READ THE
COMPANY'S SCHEDULE TO, AS AMENDED, PUT RIGHT NOTICE AND OTHER RELEVANT
DOCUMENTS FILED WITH THE UNITED STATED SECURITIES AND EXCHANGE
COMMISSION ("SEC") BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT SM
ENERGY COMPANY AND THE PUT RIGHT.
Materials filed with the SEC will be available electronically without
charge at the SEC's website, www.sec.gov.
Documents filed with the SEC may also be obtained without charge at SM
Energy's website, www.sm-energy.com.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the
acquisition, exploration, development, and production of crude oil,
natural gas, and natural gas liquids in onshore North America. SM Energy
routinely posts important information about the Company on its website.
For more information about SM Energy, please visit its website at www.sm-energy.com.
Source: SM Energy Company
SM Energy Company
James R. Edwards, 303-837-2444
