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New words:
Briscoe, Delaware, equipment, Leonard, moderately, quantitative, Ranch, saving, tranche, write, written
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developing, El, hold, led, NNG, Paso, reclassify, redetermined, storage, tied, Ventura, workover
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EXHIBIT 99.1
Audit Committee Pre-Approval of Non-Audit Services
On July 30, 2012, the Audit Committee of the Board of Directors of SM Energy Company approved in advance certain non-audit services to be performed by Deloitte & Touche LLP, SM Energy Company's independent auditor. These non-audit services were corporate income tax compliance services in the third quarter of 2012.