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Gary Evans, CEO of Magnum Hunter Resources Corporation (NYSE: MHR), presented today at EnerCom’s The Oil & Services Conference™ 10. Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, development and production of crude, natural gas and natural gas liquids, primarily in the states of West Virginia, Kentucky, Ohio, Texas, North Dakota and Saskatchewan, Canada. The Company is presently active in three of the most prolific unconventional shale resource plays in North America, namely the Marcellus Shale, Utica Shale, Eagle Ford Shale and Williston Basin/Bakken Shale.

During the company’s breakout session, management was asked the following questions:

  • How do your IRRs in Saskatchewan compare to your Eagle Ford economics?
  • What are the key differences between producing the Bakken in North Dakota and producing the same formation just across the US/Canada border?
  • In the Eagle Ford, what potential is there for down spacing?
  • What successes have you had by using a zipper frac approach to your Eagle Ford development?
  • Where do you see natural gas prices over the next two years and at what price do you significantly reduce your capital spending targeting your gas assets in Appalachia?
  • Who are your operating partners on your North Dakota Bakken acreage? Do you plan on putting together an operated position here?
  • Are you seeing any reduction in service costs in the plays that you are operating?
  • What are you thinking on timing for the MLP spin off for the midstream assets?
  • What is Magnum Hunters relationship to GreenHunter Energy?
  • Do you plan on taking out the Series C Perpetual Preferred Stock and continuing to add the Series D Perpetual Preferred Stock? How are those instruments accounted for on the balance sheet?

Click here for the Magnum Hunter webcast.


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Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based upon information gathered from sources deemed to be reliable. This note is not intended as an offer or solicitation for the purchase or sale of any security or financial instrument of any company mentioned in this note. This note was prepared for general circulation and does not provide investment recommendations specific to individual investors. All readers of the note must make their own investment decisions based upon their specific investment objectives and financial situation utilizing their own financial advisors as they deem necessary. Investors should consider a company’s entire financial and operational structure in making any investment decisions. Past performance of any company discussed in this note should not be taken as an indication or guarantee of future results. EnerCom is a multi-disciplined management consulting services firm that regularly intends to seek business, or currently may be undertaking business, with companies covered on Oil & Gas 360®, and thereby seeks to receive compensation from these companies for its services. In addition, EnerCom, or its principals or employees, may have an economic interest in any of these companies. As a result, readers of EnerCom’s Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this note. EnerCom, or its principals or employees, may have an economic interest in any of the companies covered in this report or on Oil & Gas 360®. As a result, readers of EnerCom’s reports or Oil & Gas 360® should be aware that the firm may have a conflict of interest that could affect the objectivity of this report.