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One-Page Deal Sheet

Magnum Hunter Acquires Marcellus and Utica Acerage

Magnum Hunter Resources Corp. Not Disclosed
AnnouncedOct 25, 2012
TypeCorporate
LocationMarcellus Shale,Utica Shale
Announced Date
October 25,2012
Effective Date
January 01,2012
Close Date
November 02,2012
Transaction Type
Corporate
Enterprise Value (EV)($MM)
107




Snapshot
Asset/Basin:
{"Appalachian Basin","Marcellus Shale","Utica Shale"}
TargetZones:
{"Marcellus Shale","
Net Acres
Proved Reserves

Location
Region
Northeast

Country
United States

State
Ohio

Play


Production & Reserves
Production

Reserves


Calculated Metrics( EV/Category)
$/ Flowing

$/ Acre

$/Location

Transaction Details:  Subscribe to see

Magnum Hunter Resources Corporation announced today that Triad Hunter, LLC, a wholly-owned subsidiary of the Company, has entered into a definitive purchase agreement to acquire 100% of the stock of privately-held Viking International Resources Co., Inc., or Virco, for a purchase price of approximately $106.7 million.

The total consideration for this transaction will be paid 65% (or approximately $69.4 million) in the form of a convertible preferred stock (the "Preferred Stock") of the Company and 35% (or approximately $37.3 million) in cash. The Preferred Stock consideration will be payable…



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