The shift in our production mix is no accident. It reflects the choices we make for capital investment. So even though we may not always deliver as robust overall growth rates as some would like to see, we continue to make good profits and are able to do so without levering up our balance sheet or issuing equity.We had good growth in our proved reserves during 2011 and have an equally active capital program plan for 2012. With quality cash flow at a very strong balance sheet, we have a lot of flexibility for how we fund our 2012 program.
Cimarex Energy's CEO Discusses Q4 2011 Results - Earnings Call Transcript
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