The acquisitions include exposure to the Woodford, Meramec and emerging Goddard/Springer Shale.

Cimarex saw production in the play rise more than 40% in the second quarter of 2014.

The JV structure should deliver positive cash flow for the company throughout the life of the project.

Woodford Resources

Company Total Acreage
Newfield Exploration 646,440
PetroQuest Energy 262,514
Vanguard Natural Resources 260,754
Continental Resources 119,498
All Top Acreage Holders
Company Total Acreage
Continental Resources 1,060,310
Devon Energy 651,757
Marathon 539,281
Newfield Exploration 482,168
All Top Acreage Holders