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Tuesday, January 25, 2011

SM Announces Preliminary Production Results and Plans to Raise $250 Million Through Senior Notes

SM Energy announces it will raise $250 million through issuing senior notes. This follows on the news that Oasis will be raising $300 million through issuing senior notes.

SM Energy also issued a press release its North Dakota Bakken/Three Forks quarterly production increased 40 percent over the previous quarter.

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