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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