HOUSTON, TX — (Marketwire) — 10/14/11 — Mr. Gary C. Evans, Chairman of the Board and Chief Executive Officer of Magnum Hunter Resources Corporation (NYSE Amex: MHR) (NYSE Amex: MHR-PC) (“Magnum Hunter”, or the “Company”), will present on Sunday, October 16th at 1:00 PM Pacific Time to the Real Estate Investment Securities Association (“REISA”) Annual Conference being held at The Mirage Resort & Casino in Las Vegas, NV.
Mr. Evans will be making a keynote presentation with Mr. Dan Rice entitled “Legends of Oil & Gas: Market Viewpoints from Industry Leaders,” which will be moderated by Mr. Bryan Mick. This session will run from 1:00 PM to 1:55 PM Pacific Time.
From REISA: The presentation features two of the best respected oil and gas professionals that have spoken at REISA over the past three years. REISA conference materials state “This session is a “must-attend” for all that hold and sell publicly-traded energy investments, as well those that are involved in the marketing and compliance oversight of private placement products. This is a new session that will provide attendees with valuable insights from two well-respected energy industry professionals about what is happening in the oil and gas markets today and where these markets may be heading in the near and far futures. Our esteemed panelists will tell you why energy should be a part of the overall investment portfolio and will share with you what they have learned about the business over the past several years. The panelists will also share with you their professional views about what distinguishes the better oil and gas companies and projects from others based upon their years of investment experience.”
Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, development and production of oil and natural gas, primarily in the states of West Virginia, Kentucky, Ohio, Texas, North Dakota and Saskatchewan, Canada. The Company is presently active in three of the most prolific shale resource plays in North America, namely the Marcellus Shale, the black-oil widow of the Eagle Ford Shale and the Williston Basin–s Bakken/Three Forks Sanish.
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The statements and information contained in this press release that are not statements of historical fact, including all estimates and assumptions contained herein, are “forward looking statements” as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements include, among others, statements, estimates and assumptions relating to our business and growth strategies, our oil and gas reserve estimates, our ability to successfully and economically explore for and develop oil and gas resources, our exploration and development prospects, future inventories, projects and programs, expectations relating to availability and costs of drilling rigs and field services, anticipated trends in our business or industry, our future results of operations, our liquidity and ability to finance our exploration and development activities, market conditions in the oil and gas industry and the impact of environmental and other governmental regulation. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may”, “will”, “could”, “should”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “project”, “pursue”, “plan” or “continue” or the negative thereof or variations thereon or similar terminology. These forward-looking statements are subject to numerous assumptions, risks, and uncertainties. Factors that may cause our actual results, performance, or achievements to be materially different from those anticipated in forward-looking statements include, among other, the following: adverse economic conditions in the United States and globally; difficult and adverse conditions in the domestic and global capital and credit markets; changes in domestic and global demand for oil and natural gas; volatility in the prices we receive for our oil and natural gas; the effects of government regulation, permitting, and other legal requirements; future developments with respect to the quality of our properties, including, among other things, the existence of reserves in economic quantities; uncertainties about the estimates of our oil and natural gas reserves; our ability to increase our production and oil and natural gas income through exploration and development; our ability to successfully apply horizontal drilling techniques and tertiary recovery methods; the number of well locations to be drilled, the cost to drill, and the time frame within which they will be drilled; drilling and operating risks; the availability of equipment, such as drilling rigs and transportation pipelines; changes in our drilling plans and related budgets; and the adequacy of our capital resources and liquidity including, but not limited to, access to additional borrowing capacity. Because forward-looking statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such statements. Readers are cautioned not to place undue reliance on forward-looking statements, contained herein, which speak only as of the date of this document. Other unknown or unpredictable factors may cause actual results to differ materially from those projected by the forward-looking statements. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, including estimates, whether as a result of new information, future events, or otherwise. We urge readers to review and consider disclosures we make in our public filings made from time to time with the Securities and Exchange Commission that discuss factors germane to our business, including our Annual Report on Form 10-K, as amended for the year ended December 31, 2010 and our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2011 and June 30, 2011. All forward-looking statements attributable to us are expressly qualified in their entirety by these cautionary statements.
:
M. Bradley Davis
Senior Vice President of Capital Markets
(832) 203-4545