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Magnum Hunter Talks Multi-Shale Well Progress

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Magnum Hunter Talks Multi-Shale Well Progress

Magnum Hunter Resources Corporation has reported an operational update on each of the Company's upstream unconventional resource plays for the first quarter of 2013 which includes:

the Appalachia/Marcellus/Utica Shales, the Williston Basin, and the Eagle Ford Shale (sale pending).

Additionally, the Company provided an operational update for the Company's midstream division, Eureka Hunter Pipeline LLC.

Appalachia

On April 10, 2013, the Company began drilling its first Utica Shale well on our Farley Pad (4 well pad).

During the first quarter of 2013, 2 gross (2 net) additional Marcellus wells have been drilled and cased in our Ormet Area of Monroe County, OH. Fracture stimulation will be timed to occur with planned additional capacity on the Eureka Pipeline system, completion of which is…

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