Magnum Hunter (MHR) says its estimated total proved oil and gas reserves increased 63% Y/Y at...

|About: Magnum Hunter Resources Corp. (MHRCQ)|By:, SA News Editor

Magnum Hunter (MHR) says its estimated total proved oil and gas reserves increased 63% Y/Y at year-end 2012, and the present value of estimated future cash flows before taxes rose 59% to $981M. Total proved reserves at year's end increased by 28.2M boe to 73.1M boe (62.9% crude oil and NGLs; 52% proved developed producing). MHR +2.4% premarket.