Magnum Hunter Resources Announces Management Changes in the Finance Department
21 January 2014 - 11:00PM
Marketwired
Magnum Hunter Resources Announces Management Changes in the Finance
Department
HOUSTON, TX--(Marketwired - Jan 21, 2014) - Magnum Hunter
Resources Corporation (NYSE: MHR) (NYSEMKT: MHR.PRC) (NYSEMKT:
MHR.PRD) (NYSEMKT: MHR.PRE) ("Magnum Hunter" or the "Company")
announced today that the Company has promoted Chris Benton to Vice
President of Finance and Capital Markets and Cham King to Assistant
Vice President of Investor Relations effective January 7,
2014.
Mr. Benton previously served with the Company in his capacity as
Assistant Vice President of Finance and Capital Markets and managed
the investor relations function and capital market activities. Mr.
Benton will continue to manage existing institutional relationships
with an increased focus on corporate finance, corporate modeling,
budgeting, and capital markets activities. Mr. Benton has been
employed at the Company since January 2013. Mr. Benton has more
than six years of prior banking and corporate finance experience in
the energy industry with extensive capital market experience in the
upstream and midstream sectors. Prior to joining Magnum Hunter, he
worked at RBC Capital Markets as a Vice President in their energy
corporate banking group and prior to that he was employed at Bank
of Scotland. Mr. Benton holds a BA degree in Economics and Spanish
from the University of Texas at Austin.
Mr. King joined Magnum Hunter in July 2012, where he has worked
as a Financial Analyst in the Finance Department. Prior to joining
Magnum Hunter, he completed an internship with the Company in the
finance department for a period covering two summers. Mr. King
graduated from Baylor University with a BA degree in Finance and
Management. Mr. King has become the new primary contact for
investor relations matters at the Company.
About Magnum Hunter Resources Corporation
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
oil, natural gas and natural gas liquids, primarily in the States
of West Virginia, Ohio, Kentucky, and North Dakota. The Company is
presently active in three of the most prolific unconventional shale
resource plays in North America, namely the Marcellus Shale, Utica
Shale, and Williston Basin/Bakken Shale.
Availability of Information on the Company's Website
Magnum Hunter is providing a reminder that it makes available on
its website (at www.magnumhunterresources.com) a variety of
information for investors, analysts and the media, including the
following:
- annual reports on Form 10-K, quarterly reports on Form 10-Q,
current reports on Form 8-K and any amendments to those reports as
soon as reasonably practicable after the material is electronically
filed with or furnished to the Securities and Exchange
Commission;
- the most recent version of the Company's Investor Presentation
slide deck;
- announcements of conference calls, webcasts, investor
conferences, speeches and other events at which Company executives
may discuss the Company and its business and archives or
transcripts of such events;
- press releases regarding annual and quarterly earnings,
operational developments, legal developments and other matters;
and
- corporate governance information, including the Company's
corporate governance guidelines, committee charters, code of
conduct and other governance-related matters.
Magnum Hunter's goal is to maintain its website as the
authoritative portal through which visitors can easily access
current information about the Company. Over time, the Company
intends for its website to become a primary channel for public
dissemination of important information about the
Company. Investors, analysts, media and other interested
persons are encouraged to visit the Company's website
frequently.
Certain information included on the Company's website
constitutes forward-looking statements and is subject to the
qualifications under the heading "Forward-Looking Statements" below
and in the Company's Investor Presentation slide deck.
Forward-Looking Statements
This press release includes "forward-looking statements." All
statements other than statements of historical facts included or
incorporated herein may constitute forward-looking statements.
Actual results could vary significantly from those expressed or
implied in such statements and are subject to a number of risks and
uncertainties. Although Magnum Hunter believes that the
expectations reflected in the forward-looking statements are
reasonable, Magnum Hunter can give no assurance that such
expectations will prove to be correct. The forward-looking
statements involve risks and uncertainties that affect operations,
financial performance, and other factors as discussed in filings
made by Magnum Hunter with the Securities and Exchange Commission
(SEC). Among the factors that could cause results to differ
materially are those risks discussed in the periodic reports filed
by Magnum Hunter with the SEC, including Magnum Hunter's Annual
Report on Form 10-K for the fiscal year ended December 31, 2012 and
its Quarterly Reports on Form 10-Q for the fiscal quarters ended
after such fiscal year. You are urged to carefully review and
consider the cautionary statements and other disclosures made in
those filings, specifically those under the heading "Risk Factors."
Forward-looking statements speak only as of the date of the
document in which they are contained, and Magnum Hunter does not
undertake any duty to update any forward-looking statements except
as may be required by law.
Contact: Cham King AVP, Investor Relations
ir@magnumhunterresources.com 832-203-4560