Magnum Hunter Resources Announces 2012 Capital Expenditure Budget of $200 Million

Magnum Hunter Resources Corporation (NYSE:MHR,AMEX:MHR-PrC) approves a capital expenditure budget for fiscal year 2012 of $200 million.

The press release is quoted as saying:

Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, development and production of oil and natural gas, primarily in the states of West Virginia, Kentucky, Ohio, Texas, and North Dakota and in Saskatchewan, Canada.

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