Magnum Hunter Resources Corp

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Houston, Texas-based Magnum Hunter Resources Corp is an oil and gas exploration company with no previous known presence in the Marcellus shale play.

At the end of October, 2009 a news account appeared about Magnum Hunter making an agreement to purchase all of the oil and gas exploration and production assets of Triad Energy of Reno, Ohio (not the same as Triad Energy of Texas). Triad is an E & P company with an exclusive focus on the Appalachian region especially in Kentucky, Ohio, and West Virginia. This consists of roughly 88,500 net acres that are 75% held by production. 47,000 net acres of this total were underlain by the Marcellus shale formation.

  • Gary C. Evans is Chairman of Magnum Hunter Resources Corp.
  • M. Bradley Davis is Magnum Hunter's Senior Vice President of Capital Markets.
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