Magnum Hunter Resources 2012 Capital Expenditures Down $55 Million

Magnum Hunter released its capital spend for 2012. The company will spend a total of $200 million with $50 million directed to midstream investments through Eureka Hunter Pipeline.  That’s a drop of approximately $55 million from 2011, but 2012’s budget will be funded without the need for raising external capital. [Read more…]