Welcome to Magnum Hunter Resources!
Magnum Hunter Resources Corporation and subsidiaries (NYSE Amex: MHR, the “Company”) are a Houston,
Texas based independent exploration and production company engaged in the acquisition of producing properties and exploratory leases,
secondary enhanced oil recovery projects, exploratory drilling, and production of crude oil, natural gas liquids and natural gas in the onshore United States.
The Company changed its name to Magnum Hunter Resources Corporation and its common share ticker symbol to ‘MHR’ from Petro Resources Corporation
(NYSE Amex: PRC) on July 14, 2009. The corporate name changed followed the appointment of Gary C. Evans as Magnum Hunter’s Chairman on May 23, 2009.
For additional information on Magnum Hunter’s history and strategy for creating shareholder value, please view our most recent Investor Presentation by clicking
on the portal below, as well as other Company specific information such as SEC filings and Press Releases found on this website.
Petro Resources Announces name change to Magnum Resources Corporation
In June 2007, Petro Resources increased its authorized common stock (.01 par value) from 50 million to 100 million shares.
Series A Convertible Preferred stock, $3 stated value, issued 0 shares as of September 30, 2008 and 2,410,776 shares as of December 31, 2007; cummulative, dividend rate 15% per annum (2007 - 10%) with liquidation preferences -
Preferred stock, $0.01 par value; 10,000,000 shares authorized, 0 and 2,410,776 shares of Series A Preferred Stock (reported above) issued and outstanding as of September 30, 2008 and December 31, 2007
TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Commission file number 333-132596
PETRO RESOURCES CORPORATION
(State or other jurisdiction of
incorporation or organization) (IRS Employer
777 Post Oak Boulevard, Suite 910, Houston, Texas 77056