| Business Summary | | Magnum
Hunter
Resources,
Inc.
is
an
energy
company
engaged
in
the
exploration,
exploitation
and
development,
acquisition
and
operation
of
oil
and
gas
properties,
with
a
geographic
focus
in
the
Mid-Continent
Region,
the
Permian
Basin
and
the
Gulf
Coast/Gulf
of
Mexico.
The
Company's
properties
located
in
the
Mid-Continent
Region
were
acquired
principally
from
Burlington,
Spirit
76
and
Vastar.
The
major
fields
in
the
Mid-Continent
Region
are
the
Panoma,
Cumberland,
Walnut
Bend
and
Madill.
The
major
fields
in
the
Permian
Basin
are
the
Westbrook,
Levelland/Slaughter
and
Southeast
New
Mexico.
The
Company
owns
properties
both
onshore
Gulf
Coast
and
offshore
Gulf
of
Mexico,
and
owns
various
ownership
interests
in
five
horizontal
wells
in
the
Mossy
Grove
prospect
in
Walker
County,
Texas. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Magnum
Hunter
Resources,
Inc.
is
engaged
in
the
acquisition,
production
and
sale
of
crude
oil
and
natural
gas,
the
gathering
transmission
and
marketing
of
natural
gas,
the
managing
and
operating
of
producing
properties
and
export
and
consulting
services.
For
the
six
months
ended
6/30/01,
revenues
rose
69%
to
$90.7
million.
Net
income
before
extraordinary
item
applicable
to
Common
totaled
$20.6
million,
up
from
$2.8
million.
Results
reflect
higher
oil
and
gas
prices
and
higher
daily
production. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Gary Evans, 43 Pres,
CEO | $727K | $1.4M | Chris Tong, 44 Sr.
VP and CFO | 231K | -- | David Krueger, 51 VP
and CAO | -- | -- | David Keglovits, 49 VP,
Controller | -- | -- | Morgan Johnston, 40 VP,
Gen. Counsel and Sec. | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|