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Magnum Hunter Names New CFO

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   |    Wednesday,October 26,2016

Magnum Hunter Resources announced that the Company has appointed Michael R. Koy as Executive Vice President and Chief Financial Officer effective October 31, 2016. Mr. Koy, age 46, brings more than 20 years of experience in the oil and gas industry to the Company.

Prior to joining Magnum Hunter, Mr. Koy served as Chief Executive Officer of Denali Energy, LLC since 2014. Prior to his service at Denali Energy, Mr. Koy held several positions at EdgeMarc Energy, LLC, a private equity backed Marcellus Shale and Utica Shale focused company. Mr. Koy served in various midstream and business development leadership roles at EdgeMarc Energy, prior to his appointment as its Chief Executive Officer. Mr. Koy began his career at BP in 1995, where he held numerous positions in strategy and planning, operations, finance, mergers and acquisitions and business development, while working in Houston, Alaska, Melbourne, Moscow and BP's head office in London. After a brief time with Maersk Oil in Copenhagen, Denmark, Mr. Koy joined Talisman Energy Inc. in 2009 as Vice President - Commercial for the North America Organization. As a member of Talisman Energy's North America leadership team, Mr. Koy helped lead that company's entry into several unconventional resource plays, including the Marcellus Shale, Eagle Ford Shale and Duvernay Shale.

Mr. Koy holds a bachelor's degree in mechanical engineering from Purdue University and a master's degree in mineral economics from the Colorado School of Mines.