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Stock Market & Financial Investment News

News Breaks
January 23, 2013
08:20 EDTMHRMagnum Hunter says proved reserves up 63% to 73.1M Boe
Magnum Hunter Resources announced a 63% increase in the quantity of the company's estimated total proved oil and gas reserves at December 31, 2012 as compared to last year. Magnum Hunter's total proved reserves increased by 28.2M barrels of oil equivalent, or Boe, to 73.1M Boe, including 62.9% crude oil and ngls; 52% proved developed producing, at December 31, 2012 as compared to 44.9M Boe, including 48% crude oil and ngls; 51% proved developed producing, at December 31, 2011. The present value of estimated future cash flows, before income taxes, of the company's estimated total proved reserves as of year-end 2012, discounted at 10%, also increased 59% to $981.2M as compared to one year ago. The company's reserve life based on current production is approximately 10.8 years.
News For MHR From The Last 14 Days
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March 16, 2015
07:23 EDTMHRMagnum Hunter announces Eureka Hunter throughput volume of 623,713 MMBtu per day
Eureka Hunter Pipeline, in which Magnum Hunter owns a substantial equity interest, announced that throughput volumes on Eureka Hunter's gas gathering pipeline system located in West Virginia and Ohio, have now reached a new record of approximately 623,713 MMBtu per day on Friday, March 13.
March 13, 2015
06:12 EDTMHRMagnum Hunter files $500M mixed securities shelf

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