UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)
August 23, 2010 (August 23, 2010)

SM Energy Company
(Exact name of registrant as specified in its charter)


Delaware
001-31539
41-0518430
(State or other jurisdiction
(Commission
(I.R.S. Employer
of incorporation)
File Number)
Identification No.)


1775 Sherman Street, Suite 1200, Denver, Colorado
(Address of principal executive offices)
80203
(Zip Code)


Registrant’s telephone number, including area code: (303) 861-8140


Not applicable
(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

[_] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

[_] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

[_] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

[_] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 


Item 7.01                      Regulation FD Disclosure.

In accordance with General Instruction B.2. of Form 8-K, the preceding information, including Exhibit 99.1, shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall such information and Exhibit be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such a filing.

On August 23, 2010, SM Energy Company (the “Company”) issued a press release announcing the Company’s plan to raise additional capital through divestitures of non-strategic assets and/or joint venture agreements over the next twelve months.  The Company has engaged Bank of America Merrill Lynch to market for sale roughly 43,000 net acres of the Marcellus shale position in McKean and Potter counties, Pennsylvania.  The Company has also engaged Albrecht & Associates, Inc. to market for sale a package of non-core oil and gas properties.  A copy of the press release is furnished as Exhibit 99.1 to this report.

Item 9.01                      Financial Statements and Exhibits.

(d)
Exhibits.
The following exhibit is furnished as part of this report:
 
Exhibit 99.1
Press release of the Company dated August 23, 2010, entitled SM Energy Announces Portfolio Rationalization Plans























 
 
 
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


                       SM ENERGY COMPANY


Date:
  August 23, 2010
By:
  /s/ MARK T. SOLOMON
     
  Mark T. Solomon
     
  Controller