Seeking Alpha

Magnum Hunter Resources Corporation (MHR)

  • Apr. 3, 2013, 7:20 AM
    Penn Virginia (PVA) says it will buy all of Magnum Hunter Resources' (MHR) Eagle Ford Shale properties for $401M in a deal slated to close by mid-May. The purchase will add the equivalent of over 3.2M barrels of oil production a day for the company.
Visit Seeking Alpha's
MHR vs. ETF Alternatives
Company Description
Magnum Hunter Resources Corporation is an oil and exploration and production company. The Company is engaged in exploration, acquisition, development and production of crude oil, natural gas and NGLs resources in the United States and Canada.