Waiting Period Expires for Cimarex/Magnum Hunter Merger

Cimarex Energy Co. (NYSE: XEC) and Magnum Hunter (NYSE: MHR) announced expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act applicable to Cimarex's acquisition of Magnum Hunter. The transaction remains subject to approval of stockholders and is expected to close before the end of the second quarter of 2005.