DENVER--(BUSINESS WIRE)--Jan. 12, 2012--
SM Energy Company (NYSE:SM) today announces the closing of its offer to
exchange $350 million of its 6 5/8% Senior Notes due 2019, which have
been registered under the Securities Act of 1933 (the "Exchange Notes"),
in exchange for $350 million of its outstanding 6 5/8% Senior Secured
Notes due 2019, which were issued on February 7, 2011, in a private
placement (the "Original Notes").
The exchange offer expired at 5:00 p.m. New York City time on January
11, 2012, with $350 million in aggregate principal amount of the
Original Notes having been validly tendered in exchange for an equal
amount of Exchange Notes.
This press release is not an offer to buy or sell or the solicitation of
an offer to buy or sell any of the securities described herein, nor
shall there be any offer, solicitation or sale of such securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful. A registration statement on Form S-4 relating to the exchange
offer was declared effective by the Securities and Exchange Commission
on December 9, 2011. The exchange offer was made only pursuant to the
exchange offer documents that were distributed to holders of the
Original Notes, including the prospectus dated December 12, 2011 and the
related letter of transmittal.
ABOUT THE COMPANY
SM Energy Company is an independent energy company engaged in the
exploration, exploitation, development, acquisition, and production of
natural gas, natural gas liquids, and crude oil. 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