FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * MERELLI F H   2. Issuer Name and Ticker or Trading Symbol CIMAREX ENERGY CO [XEC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chairman, CEO, President (Last) (First) (Middle) 1700 LINCOLN STREET, SUITE 1800 3. Date of Earliest Transaction (Month/Day/Year) 01/02/2007 (Street) DENVER, CO 80203-4518 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 01/02/2007   A   60,000 (1) A $ 0 455,300 (2) D   Common Stock 01/02/2007   M   250,000 A $ 11.375 705,300 (2) D   Common Stock 01/02/2007   F   148,771 D $ 36.5 556,529 (2) D   Common Stock               13,050 I By 401(k) Common Stock               152,300 I By IRA

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Stock Options (Right to buy)

$ 13.3125

09/30/2002

05/25/2010

Common Stock

125,000

125,000

D

Stock Options (Right to buy)

$ 16.65

12/06/2003

12/06/2012

Common Stock

422,400

422,400

D

Stock Options (Right to buy)

$ 11.375

01/02/2007

M

250,000

01/26/2002

01/27/2007

Common Stock

250,000

$ 11.375

0

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MERELLI F H 1700 LINCOLN STREET, SUITE 1800 DENVER, CO 80203-4518	X		Chairman, CEO, President

Signatures

Paul Korus, attorney-in-fact		01/03/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Represents restricted shares that are subject to three-year cliff vesting and the satisfaction of certain performance criteria.
(2)	Includes 211,200 stock units that vest in five equal annual installments beginning on December 6, 2003 and become payable in shares of common stock on December 6, 2010. Also includes 60,000 shares of restricted stock that vest on January 3, 2009 and are subject to certain performance criteria and 60,000 shares of restricted stock that vest on January 2, 2010 and are subject to certain performance criteria.

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