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End-Of-Year High For Magnum Hunter

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By Veronica Bucio, Hart Energy
December 10, 2013

PITTSBURGH – In the energy business, one doesn’t have to wait for a new year to undergo eyebrow-raising transformations. Case in point: Magnum Hunter expects to end 2013 on a huge high – turning its 15,000 barrels a day in production in the Marcellus and Utica shale plays to at least 23,000 by Dec. 31.

Hardly an overnight change, Gary Evans, CEO of Magnum Hunter, says the end-of-year boost has been four years in the making, and his company, which is 50-50 oil and gas, is getting ready to “really ...

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