DENVER--(BUSINESS WIRE)--Mar. 7, 2012--
SM Energy Company (NYSE:SM) today announces the closing of its offer to
exchange $350 million of its 6 1/2% Senior Notes due 2021, which have
been registered under the Securities Act of 1933 (the "Exchange Notes"),
for $350 million of its outstanding 6 1/2% Senior Notes due 2021, which
were issued on November 8, 2011, in a private placement (the "Original
Notes").
The exchange offer expired at 5:00 p.m. New York City time on March 6,
2012 with $349,095,000 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 January 31, 2012. 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 February 2, 2012 and the
related letter of transmittal.
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
SM Energy
James R. Edwards, 303-837-2444
