June 4 (Reuters) - Independent oil and gas exploration,
development and production company Mariner Energy, Inc (ME.N: Quote, Profile, Research)
on Thursday sold $300 million of 7-year senior notes, said IFR,
a Thomson Reuters service.

The size of the deal was increased from an originally
planned $250 million.

Credit Suisse, Bank of America, J.P. Morgan, Wachovia, and
Citigroup were the joint bookrunning managers for the sale.
BORROWER: MARINER ENERGY INC
AMT $300 MLN* COUPON 11.75 PCT MATURITY 6/30/2016
TYPE SR NOTES ISS PRICE 97.093 FIRST PAY 12/30/2009
MOODY'S B3 YIELD 12.375 PCT SETTLEMENT 6/10/2009
S&P B-PLUS SPREAD 907 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE 4 YEARS**
*$291.279 MLN PROCEEDS TO ISSUER
**CALL SCHEDULE: 105.875, 102.938, 100