Magnum Hunter announced today that it has declared a monthly cash dividend on the Company's 10.25% Series C Cumulative Perpetual Preferred Stock, a monthly cash dividend on the Company's 8.0% Series D Cumulative Preferred Stock and a monthly cash dividend on the Company's 8.0% Series E Cumulative Convertible Preferred Stock. The outstanding shares [...]
Eureka Hunter Pipeline, LLC, a majority-owned subsidiary of Magnum Hunter, announced today that Eureka Hunter has closed on a new $117 million Senior Secured Revolving Credit Facility. The aggregate commitment may be increased in the future to a principal amount of up to $150 million, subject to the consent of the lenders and the satisfaction of [...]
Eureka Hunter Pipeline, LLC, a majority-owned subsidiary of Magnum Hunter, announced today that the Company has appointed Christopher T. Akers as Executive Vice President and Chief Operating Officer effective April 8, 2014. Mr. Akers, age 48, will report to Gary C. Evans, Chairman & CEO of Eureka Hunter. Mr. Akers brings more than 25 years of [...]
Magnum Hunter announced today certain updates on its drilling and completion activities in the Marcellus and Utica Shale Plays. Marcellus and Utica Drilling Update: Over the next 30 days, the Company anticipates production flowing to sales from 8 gross wells in the Marcellus and Utica Shale Plays via the Company's majority owned Eureka Hunter [...]
Magnum Hunter announced today that it has declared a monthly cash dividend on the Company's 10.25% Series C Cumulative Perpetual Preferred Stock, a monthly cash dividend on the Company's 8.0% Series D Cumulative Preferred Stock and a monthly cash dividend on the Company's 8.0% Series E Cumulative Convertible Preferred Stock. The outstanding shares [...]
Magnum Hunter announced today financial and operating results for the three months and twelve months ended December 31, 2013. The Company plans to file its Form 10-K for the year ended December 31, 2013 with the Securities and Exchange Commission tomorrow, Tuesday, February 25, 2014. Highlights of the Company's financial and operating results [...]
Magnum Hunter announced today that it has rescheduled its annual conference call to discuss its fourth quarter and full year 2013 financial and operating results. The rescheduled conference call has been moved up by approximately one week and will now take place on Monday, February 24, 2014, at 10:00 a.m. CST. The Company will issue a press release [...]
Magnum Hunter announced today that its Chairman and CEO, Gary C. Evans, will present Wednesday, February 19, 2014, at 12:30 p.m. PST at Enercom's Oil & Services Conference 12 as the Keynote Luncheon Speaker, being held at the Omni San Francisco in San Francisco, California. The Company's most current Investor Presentation slide deck is available on [...]