Energy Hunter Resources Inc., Dallas, has appointed H.C. Ferguson as executive vice-president of exploration and development, Brian G. Burgher as senior vice-president of land, and Jason Wilson as manager of geology. The three veterans of Magnum Hunter Resources Corp.’s Eagle Ford shale operations will be based in Energy Hunter’s recently opened divisional office in Houston….
Magnum Hunter Resources Corp., Irving, Tex., has filed for Chapter 11 bankruptcy in a restructuring that involves $200 million in debtor-in-possession financing and conversion of debt into equity. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest
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Article Abstract: Magnum Hunter Resources Corporation has refinanced its existing senior secured revolving credit facility with certain banks and obtained additional Tags: Magnum Hunter Resources Corporation from Scandinavian Oil-Gas Magazine – Full Feed Click Here To Read Full Article Visit Scandinavian Oil-Gas Magazine – Full Feed for more great articles.
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Article Abstract: Magnum Hunter: The Natural Gas Threat And Preferred ValuationsSeeking AlphaThe continued deterioration of natural gas prices may result in the fulcrum moving to the unsecured bonds from the preferred shares. Valuing the reserves based on current oil and gas prices would result in the land needing to reach 25% to 30% of MHR’s …and…
Article Abstract: Magnum Hunter Resources Corporation NYSE MHR NYSE MKT MHR.PRC NYSE MKT MHR.PRD NYSE MKT MHR.PRE announced today that it has hired PJT Partners LP NYSE PJT the combination of Blackstone from OilVoice Headlines Click Here To Read Full Article Visit OilVoice Headlines for more great articles.
Article Abstract: [Reuters] – Oil and gas producer Magnum Hunter Resources Corp, laden with debt and stung by the worst market downturn in six years, scrapped its dividends on Friday and hired a financial adviser to explore all strategic alternatives. The company, run by Chief Executive Gary Evans, said it hired PJT Partners LP, a…
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