Magnum Hunter (MHR) -4.1% premarket after announcing a delay in filing its annual report past...

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

Magnum Hunter (MHR) -4.1% premarket after announcing a delay in filing its annual report past the March 18 extended due date because of previously disclosed material weaknesses in its internal controls over financial reporting. MHR says it has sufficient liquidity and projected cash flow from operations to fund its projected FY 2013 upstream capital budget of $300M.