Company Names Vice President of Reservoir Engineering

magnum-hunter-resources-corporation-picture_690x415Akron Beacon Journal

By Bob Downing

From Magnum Hunter Resources today:

HOUSTON, TX—(Marketwired – Mar 4, 2015) – Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the “Company” or “Magnum Hunter”) announced that the Company has appointed Charlie Gibson as Vice President of Reservoir Engineering effective March 2, 2015. Mr. Gibson, age 56, will report to Gary C. Evans, Chairman & CEO of Magnum Hunter.

Mr. Gibson brings more than 30 years of engineering experience, including operations, reservoir and reserve reporting, primarily within growth oriented oil and natural gas companies. Prior to joining Magnum Hunter, Mr. Gibson served as Senior Vice President of Production Operations at Denbury Resources, Inc. (“Denbury”) since June 2014. During his twelve year tenure at Denbury, he held many managerial positions including Senior Vice President of Planning, Technology and Business Development, Vice President of its West Region and Vice President of Reservoir Engineering and Geology. Mr. Gibson was a key participant in Denbury’s significant business decisions. He was also involved in its analysis of potential acquisitions and integral to its reserve engineering process. Prior to joining Denbury, Mr. Gibson served in various reservoir and engineering roles at Coho Resources and ORYX Energy. Mr. Gibson earned a Bachelor of Science in Petroleum Engineering degree from Louisiana State University.

Magnum Hunter Management Comments

Mr. Gary C. Evans, Chairman of the Board and Chief Executive Officer of Magnum Hunter Resources, commented, “We welcome Charlie to our organization. His vast knowledge and experience in reservoir engineering is exactly what we have been looking for since last year. He will be an integral part of our senior management team.”

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