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Magnum Hunter Resources Corporation, formerly Petro Resources Corporation, is an independent oil and gas company engaged in the acquisition, drilling and production of oil and natural gas properties and prospects within the United States. The acquisition and exploration pursuits of oil and natural gas properties are located in
Texas, Louisiana, North Dakota, New Mexico and Kentucky. During the year ended December 31, 2008, the Company owned interests in approximately 286,282 gross (50,611 net) leasehold acres, of which 261,147 gross (43,281 net) acres are classified as undeveloped acreage. As of March 30, 2009, the Company held interests in approximately 238 producing wells in Texas, Louisiana and North Dakota. The Company?s drilling inventory includes prospects located in Texas, Louisiana, New Mexico, North Dakota and Kentucky. As of December 31, 2008, the total proved reserves of the Company were 3,118 thousand barrels of oil equivalent (mboe) net of production.
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( Total: 19 Current Stock Recommendations )
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3 Months Gains
91.61 %
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Rating:
Buy MHR
83.77 %
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Rating:
Hold MHR
63.82 %
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Rating:
Hold MHR
66.18 %
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Rating:
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63.82 %
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Rating:
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83.77 %
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Rating:
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66.18 %
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Rating:
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79.12 %
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Rating:
Buy MHR
88.24 %
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Rating:
Buy MHR
78.93 %
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Rating:
Buy MHR
88.45 %
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Rating:
Buy MHR
79.12 %
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| Symbol | Last | Change |
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MHR
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