HOUSTON, TX, Oct. 2, 2009 (Marketwire) --
HOUSTON, TX -- (Marketwire) -- 10/02/09 -- Magnum Hunter Resources Corporation's (NYSE Amex: MHR) (the "Company") announced this morning several management additions in the Company's exploration, administration, legal and finance departments. These changes address the addition of three new exploration professionals added from the recent closing of the Sharon Resources, Inc. acquisition as announced on September 30, 2009, and several internal changes to management responsibilities and associated corporate titles.
Mr. H.C. "Kip" Ferguson III has been appointed Executive Vice President of Exploration. Mr. Ferguson is a Houston, Texas native and a third generation geologist. He holds a Bachelors degree in Geology from the University of Texas in Austin and has 16 years of experience in oil and gas exploration throughout the Gulf Coast, West Texas and the Rocky Mountain regions. Mr. Ferguson will report to Mr. Gary C. Evans, Magnum Hunter's Chairman & Chief Executive Officer.
Mr. Brian Burgher has been appointed Vice President of Land. He has 25 years of continuous experience in every phase of land work within the energy industry and in numerous hydrocarbon producing basins of North America. Mr. Burgher attended both Baylor University and the University of Houston. He will report jointly to Mr. Ferguson and to Mr. Jim Denny, the Company's Executive Vice President of Operations.
Joining Magnum Hunter with Messrs. Ferguson and Burgher from Sharon Resources is Mr. Jason Wilson, a Geologist. Mr. Wilson has over 10 years of experience in the energy industry with both a multi-national integrated and a large-cap exploration and production company. While at Anadarko Petroleum Corp. (NYSE: APC), he was responsible for the presenting of development locations in the Austin Chalk, preformed wellsite monitoring for exploration and development wells in North Africa, was part of an 8 person multi-disciplined development team that kept a 14 drilling rig program continually running in the Lower Cotton Valley and Bossier Sands of Northern Louisiana, and has substantial experience interpreting seismic data in numerous North American producing basins. He holds a Bachelor of Science in Geology and a Master of Science in Structural Geology from Texas A&M University. Mr. Wilson will report directly to Mr. Ferguson.
Mr. Donald Kirkendall has been appointed Senior Vice President of Product Marketing and Administration. Mr. Kirkendall will be responsible for all of the Company's product marketing and transportation, real estate, human resources, insurance and IT services. Mr. Kirkendall brings more than 25 years of diversified energy experience, including six years with the interstate pipeline business and 19 years of natural gas marketing and exploration experience.
