People: Magnum Hunter Resources Corp (MHR)
MHR on New York Consolidated
3.31USD
22 May 2013
3.31USD
22 May 2013
Price Change (% chg)
$-0.12 (-3.50%)
$-0.12 (-3.50%)
Prev Close
$3.43
$3.43
Open
$3.44
$3.44
Day's High
$3.60
$3.60
Day's Low
$3.30
$3.30
Volume
4,147,588
4,147,588
Avg. Vol
5,233,326
5,233,326
52-wk High
$5.24
$5.24
52-wk Low
$2.37
$2.37
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Gary Evans |
55 | 2009 | Chairman of the Board, Chief Executive Officer |
Ronald Ormand |
54 | 2009 | Chief Financial Officer, Executive Vice President, Director |
R. Glenn Dawson |
56 | 2011 | President of Williston Hunter, Inc |
James Denny |
64 | 2009 | Executive Vice President - Operations |
H. Ferguson |
47 | 2009 | Executive Vice President - Exploration |
Fred Smith |
60 | 2012 | Senior Vice President - Accounting, Chief Accounting Officer |
Paul Johnston |
57 | 2010 | Senior Vice President, General Counsel, Corporate Secretary |
Brian Burgher |
50 | 2011 | Senior Vice President - Land |
Donald Kirkendall |
55 | 2009 | Senior Vice President - Product Marketing and Administration |
J.Raleigh Bailes |
64 | 2006 | Independent Director |
Brad Bynum |
42 | 2006 | Independent Director |
Victor Carrillo |
47 | 2011 | Independent Director |
Stephen Hurley |
62 | 2011 | Independent Director |
Joe McClaugherty |
61 | 2006 | Independent Director |
Steven Pfeifer |
49 | 2006 | Independent Director |
Jeffrey Swanson |
56 | 2009 | Independent Director |
E. Gabe Scott |
Vice President - Capital Markets and Corporate Development |
Biographies
| Name | Description |
|---|---|
Gary Evans |
Mr. Gary C. Evans is Chairman of the Board, Chief Executive Officer of Magnum Hunter Resources Corporation since May 23, 2009. He has been a director of Magnum Hunter since 2009. Mr. Evans was appointed as Chairman of the Board and Chief Executive Officer of the Company on May 23, 2009. Mr. Evans previously founded and served as the Chairman and Chief Executive Officer of Magnum Hunter Resources, Inc., or MHRI, an unrelated NYSE-listed company of similar name, for twenty years before selling MHRI to Cimarex Energy for approximately $2.2 billion in June 2005. In 2005, Mr. Evans formed Wind Energy, LLC, a renewable energy company which was subsequently acquired in December 2006 by GreenHunter Energy, Inc., or GreenHunter, an NYSE Amex-listed renewable energy company focusing on water resource management as it relates to the oil and gas industry. Mr. Evans has served as Chairman and Chief Executive Officer of GreenHunter since December 2006. Mr. Evans serves as an individual trustee of TEL Offshore Trust, a publicly-listed oil and gas trust, and is a director of Novavax Inc., a NASDAQ-listed clinical-stage vaccine biotechnology company. Mr. Evans was recognized by Ernst and Young LLP as the Southwest Area 2004 Entrepreneur of the Year for the Energy Sector and was subsequently inducted into the World Hall of Fame for Ernst & Young Entrepreneurs. |
Ronald Ormand |
Mr. Ronald D. Ormand is Chief Financial Officer, Executive Vice President, Director of Magnum Hunter Resources Corporation. He has been a director of Magnum Hunter since 2009. Mr. Ormand was appointed as Chief Financial Officer and Executive Vice President of the Company on May 22, 2009 and was appointed as a director of the Company on May 23, 2009. Mr. Ormand has over 25 years of investment and commercial banking experience in the energy industry. From April 2005 to October 2007, he served as a managing director with West LB, where he served as head of the Oil and Gas Investment Banking Group for the Americas. From 1988 to December 2004, Mr. Ormand was with CIBC World Markets, or CIBC, and Oppenheimer & Co., which CIBC acquired in 1997. From 1997 to 2004, Mr. Ormand served as managing director and head of CIBC’s U.S. Oil and Gas Investment Banking Group and a member of the firm’s Investment Banking Management Committee. Prior to joining CIBC in 1988, Mr. Ormand worked in various investment banking positions. Mr. Ormand also served as President and Chief Financial Officer and a director of Tremisis Energy Acquisition Corporation II, an NYSE-listed company, from November 2007 to March 2009 and currently serves on the board of directors of GreenHunter. Mr. Ormand received a B.A. and an M.B.A. from the University of California at Los Angeles and attended Cambridge University in Cambridge, England where he studied economics. |
R. Glenn Dawson |
Mr. R. Glenn Dawson is President of Williston Hunter, Inc., a wholly-owned subsidiary of Magnum Hunter Resources Corporation. Mr. Dawson was formerly the President and CEO of NuLoch Resources, Inc., renamed Williston Hunter Canada, Inc., which the Company acquired in May 2011. He has over 30 years of experience in oil and gas exploration in North America. His principal responsibilities have involved the generation and evaluation of drilling prospects and production acquisition opportunities. In the early stages of his career, Mr. Dawson was employed as an exploration geologist by Sundance Oil and Gas, Inc., a public company located in Denver, Colorado, concentrating on their Canadian operations. From December 1985 to September 1998, Mr. Dawson held a variety of managerial and technical positions with Summit Resources, a then-public Canadian oil and gas exploration and production company, including Vice President of Exploration, Exploration Manager and Chief Geologist. He served as Vice President of Exploration with PanAtlas Energy Inc., a then-public Canadian oil and gas exploration and production company, from 1999 until its acquisition by Velvet Exploration Ltd. in July 2000. Mr. Dawson was a co-founder and Vice President of Exploration of TriLoch Resources Inc., a then-public Canadian oil and gas exploration company, from 2001 to 2005, until it was acquired by Enerplus Resources Fund. As a result of the sale of TriLoch Resources Inc. to Enerplus Resources Fund, Mr. Dawson founded NuLoch Resources, Inc. in 2005. Mr. Dawson graduated in 1980 from Weber State University of Utah with a Bachelor’s degree in Geology and attended the University of Calgary from 1980 to 1982 in the Masters Program for Geology. |
James Denny |
Mr. James W. Denny, III, is Executive Vice President of Operations of Magnum Hunter Resources Corporation since September 2009. He has served as President of Triad Hunter, LLC, the company Appalachian Division, since February 2010, and has served as Executive Vice President of Operations of the Company since September 2009. Mr. Denny served as Executive Vice President and Chief Operating Officer of Magnum Hunter from March 2008 to September 2009. Mr. Denny brings more than 35 years of industry related experience to the Company. Prior to joining Magnum Hunter, Mr. Denny served as President and Chief Executive Officer of Gulf Energy Management Company, a wholly-owned subsidiary of Harken Energy Corporation from January 2005 to October 2007. Mr. Denny served in various positions of responsibility during his tenure with Harken Energy Corporation from 1998 to 2005. In his capacity as President and Chief Executive Officer of Gulf Energy Management, Mr. Denny was responsible for all facets of Gulf Energy Management’s North American operations. He is a registered Professional Engineer (Louisiana) and is a Certified Earth Scientist. He is also a member of various industry associations, including the American Petroleum Institute, the National Society of Professional Engineers, the Society of Petroleum Engineers, and the Society of Petroleum Evaluation Engineers. He is a graduate of the University of Louisiana-Lafayette with a B. S. in Petroleum Engineering. |
H. Ferguson |
Mr. H. C. Ferguson, III, is Executive Vice President - Exploration of Magnum Hunter Resources Corporation since October 2009. He has served as President of Eagle Ford Hunter, Inc., the company Eagle Ford Shale Division, since May 2011, and has served as Executive Vice President of Exploration of the Company since October 2009. Mr. Ferguson was formerly the President of Sharon Resources, Inc., renamed Eagle Ford Hunter, Inc., from September 1999 until the company was acquired by Magnum Hunter in October 2009. As President of Sharon Resources, Inc., Mr. Ferguson’s responsibilities included supervision of day-to-day activities, budget planning for operations, supervision of the development of exploratory projects within numerous basins and involvement in field studies and trend analyses, using advanced drilling and completion technology. Mr. Ferguson brings more that 20 years of exploration and development experience in several U.S. basins to the Company. Mr. Ferguson served on the board of Sharon Resources, Inc. and Sharon Energy Ltd. from September 1999 to October 2009. Mr. Ferguson served on the board for Diaz Resources, Inc. from 2005 to 2009. Mr. Ferguson is a third-generation geologist with a degree in Geology from the University of Texas at Austin. |
Fred Smith |
Mr. Fred J. Smith, Jr., serves Senior Vice President - Accounting, Chief Accounting Officer of Magnum Hunter Resources Corporation. He brings more than 35 years of broad oil and gas financial and operational accounting experience. Prior to joining MHR, Mr. Smith was Corporate Controller of Pioneer Natural Resources from 2008 to 2012. Prior to that time, Mr. Smith was employed by ConocoPhillips and held leadership positions in the Lower 48 Exploration and Production Finance division and Global Financial Services organizations from 2000 to 2008. Mr. Smith was Vice President of Finance and Chief Financial Officer from 1998 to 2000 of River Gas Corporation, a privately-owned coal bed methane operator which was acquired by ConocoPhillips in 2000. Mr. Smith joined ConocoPhillips following the acquisition of River Gas Corporation. Mr. Smith was previously employed by The Louisiana Land & Exploration Company in New Orleans, Louisiana, for over 20 years where he held a number of management positions within various financial and operational accounting areas. Mr. Smith began his professional career as a member of the audit staff of Ernst & Young (formerly Ernst & Ernst). Mr. Smith graduated from the University of New Orleans with a Bachelor of Science degree in Accounting and has been a licensed CPA since 1975. |
Paul Johnston |
Mr. Paul M. Johnston is Senior Vice President, General Counsel, Corporate Secretary of Magnum Hunter Resources Corporation. Mr. Johnston has over 30 years of increasing responsibility and management experience in all facets of general corporate, finance, securities and regulatory related legal matters. He is a former partner with the Dallas-based law firm, Thompson & Knight, LLP, representing both private and publicly held companies during his twenty-year career with the firm. Mr. Johnston also had ten years of in-house counsel experience before joining Magnum Hunter, including his service as Vice President and Corporate Counsel, for an NYSE-listed Fortune 250 company from 2000 to 2007, and he most recently served as General Counsel for an SEC-registered investment advisor involved in the management of onshore and offshore hedge funds from 2007 to 2010. A 1977 graduate of Texas Tech University, Mr. Johnston received his Juris Doctorate from Texas Tech University in 1980. |
Brian Burgher |
Mr. Brian G. Burgher is Senior Vice President - Land of Magnum Hunter Resources Corporation. He was Vice President of Land for the Company from September 2009 until he was appointed Senior Vice President of Land in March 2011. Mr. Burgher was formerly Vice President of Land at Sharon Resources, Inc. from September 2004 until the company was acquired by Magnum Hunter in September 2009. Sharon Resources, Inc. is now a wholly-owned subsidiary of Magnum Hunter that has been renamed Eagle Ford Hunter, Inc. As Vice President of Land at Sharon Resources, Inc., Mr. Burgher was responsible for all land and legal activities related to oil and gas exploration and development in North America. Mr. Burgher brings more than 25 years of continuous experience in land related areas to the Company. Mr. Burgher is a fourth-generation oil and gas landman. In addition to being an independent producer, Mr. Burgher has worked as field landman, a field land broker, an in-house landman, and a land manager. Mr. Burgher attended both Baylor University and the University of Houston. |
Donald Kirkendall |
Mr. Donald L. Kirkendall is Senior Vice President of Administration and Product Marketing of Magnum Hunter Resources Corporation since September 30, 2009. He has served as Senior Vice President of the company subsidiary, Eureka Hunter Pipeline, LLC, since June 2010, and has served as Senior Vice President of Administration and Product Marketing of the Company since September 2009. Prior to serving in his current roles, Mr. Kirkendall served as President of Magnum Hunter from March 2006 to September 2009 and as Executive Vice President of Magnum Hunter from August 2005 to March 2006. Mr. Kirkendall also served on the Company’s board of directors from August 2005 to September 2009. Prior to his employment with Magnum Hunter in August 2005, Mr. Kirkendall was self employed as a consultant focused on oil and gas upstream and midstream operations. Mr. Kirkendall brings more than 32 years of diversified energy experience to Magnum Hunter. His background includes interstate pipeline business along with natural gas marketing and exploration experience. He co-founded and managed a natural gas marketing company along with an associated exploration company that specialized in drilling Texas Gulf Coast and South Texas oil and gas prospects. Mr. Kirkendall received his B.B.A. from Southwest Texas State University. |
J.Raleigh Bailes |
Mr. J. Raleigh Bailes, Sr., is Independent Director of Magnum Hunter Resources Corporation since March 1, 2006. Mr. Bailes has been a partner of Bailes, Bates & Associates, LLP, a tax and accounting firm, since March 2003. Between November 1999 and March 2003, Mr. Bailes owned and managed J. Raleigh Bailes, CPA, a tax and accounting firm. Mr. Bailes is admitted to practice before the U.S. Tax Court and is licensed by the State of Texas as a certified public accountant. |
Brad Bynum |
Mr. Brad Bynum is Independent Director of Magnum Hunter Resources Corporation since March 1, 2006. Mr. Bynum currently serves as President of Howard Energy Partners, an independent energy services company offering midstream services, project management, contract operations, and fabrication and construction services, a position he has held since December 2011. Mr. Bynum also served as Chief Financial Officer of Howard Energy Partners from July 2011 to December 2011. Mr. Bynum was Chief Financial Officer of Hall-Houston Exploration Partners, L.L.C., a privately-held oil and gas exploration and development company, from February 2005 to July 2011. Between 1997 and February 2005, Mr. Bynum was employed at Merrill Lynch Pierce Fenner & Smith, or Merrill Lynch, most recently as a Director of Investment Banking in Merrill Lynch’s Global Energy and Power Investment Banking Group, in Houston, Texas. Mr. Bynum received a degree in accounting from Texas A&M University and an M.B.A. from Rice University. |
Victor Carrillo |
Honourable Victor G. Carrillo is Independent Director of Magnum Hunter Resources Corporation since January 5, 2011. Mr. Carrillo currently serves as President and Chief Operating Officer and a director of Zion Oil & Gas, Inc., or Zion, a company engaged in oil and gas exploration primarily in Israel and areas located on-shore between Haifa and Tel Aviv, a position he has held since October 2011. Mr. Carrillo has also served as a director of Zion since September 2010, and he served as an executive vice president and a director of Zion from January 2011 to October 2011. From 2003 to 2010, Mr. Carrillo served as a commissioner on the Texas Railroad Commission. During his time of service on the Texas Railroad Commission, Mr. Carrillo also served as Chairman of the Governor’s Texas Energy Planning Council. During his career, Mr. Carrillo has also served as the Chairman of the Outer Continental Shelf Advisory Committee to the U.S. Secretary of the Interior, Vice Chairman of the Interstate Oil and Gas Compact Commission, a member of the Committee on Gas for the National Association of Regulatory Utility Commissioners and a member of the board of directors of Advisors to the Texas Journal of Oil, Gas & Energy Law at the University of Texas School of Law. Hispanic Business Magazine has named Mr. Carrillo one of the 100 Most Influential Hispanics in the United States. Mr. Carrillo received a B.S. in geology from Hardin-Simmons University, an M.S. in geology from Baylor University, a Juris Doctorate with emphasis in both environmental and oil and gas law from the University of Houston Law Center and an honorary Doctorate from Hardin-Simmons University. |
Stephen Hurley |
Mr. Stephen C. Hurley is Independent Director of Magnum Hunter Resources Corporation since October 1, 2011. Mr. Hurley has 37 years of experience in the oil and gas industry. He is a former member of the board of directors of Brigham Exploration Company, serving from December 2002 to December 2011 when the company was sold to Statoil ASA. He also served on the audit and compensation committees of Brigham Exploration Company from January 2003 to December 2011. Mr. Hurley is a former President and director of Hunt Oil Company, having been associated with Hunt Oil Company from August 2001 to August 2011. Prior to joining Hunt Oil Company, Mr. Hurley served as Chief Operating Officer, Executive Vice President and a director for Chieftain International, Inc. from August 1995 to August 2001. Prior to joining Chieftain International, Inc., Mr. Hurley was Vice President of Exploration and Production for Murphy Exploration and Production Company. Earlier, he was affiliated with Ocean Drilling and Exploration Company and Exxon Company USA. Mr. Hurley holds a B.S. and an M.S. from the University of Arkansas and an advanced degree in business studies from Harvard University. |
Joe McClaugherty |
Mr. Joe L. McClaugherty is Independent Director of Magnum Hunter Resources Corporation since April 13, 2006. For the past 21 years, Mr. McClaugherty has been a senior partner of McClaugherty & Silver, P.C., a full service firm engaged in the practice of civil law, including oil and gas law, located in Santa Fe, New Mexico. Mr. McClaugherty is admitted to the State bars of New Mexico, Texas and Colorado, as well as the Federal bars of the Districts of New Mexico and Colorado, the United States Court of Appeals for the Tenth Circuit and the United States Supreme Court. |
Steven Pfeifer |
Mr. Steven A. Pfeifer is Independent Director of Magnum Hunter Resources Corporation since May 5, 2006. Since January 2005, he has served as the managing partner of P.O. & G. Resources, LP, a privately held oil and natural gas exploration and production company with holdings in Texas, New Mexico, Oklahoma, Kansas, Montana, North Dakota, Wyoming, and Mississippi. Mr. Pfiefer has also served as a director of TS World Development Fund, Ltd., a fund that invests primarily in exchange-listed equities, since August 2010. From September 1999 to September 2004, Mr. Pfeifer was employed by Merrill Lynch, Pierce, Fenner, & Smith Incorporated, or Merrill Lynch, initially as the integrated oil stock analyst and later as First Vice President in charge of Merrill Lynch’s Global Energy Research team. From April 1993 to September 1999, he was a Wall Street energy equity analyst in the New York offices of Deutsche Bank AG, Paine Webber and Company, and Prudential Securities. From August 1988 to April 1993, Mr. Pfeifer worked as a financial analyst in Amoco Corporation’s strategic planning, exploration, and Russian venture groups in Houston and Chicago. From December 1984 to May 1986, he worked as a petroleum engineer in Atlantic Richfield Company’s Tulsa, Denver, and Midland offices. Mr. Pfeifer received a B.S. in petroleum engineering from the University of Texas at Austin, and an M.B.A. from the Wharton School of the University of Pennsylvania. |
Jeffrey Swanson |
Mr. Jeffrey S. Swanson is Independent Director of Magnum Hunter Resources Corporation since 2009. Mr. Swanson currently serves as the President and Chief Executive Officer of GrailQuest Corp., a privately held company providing software and services to the oil and gas industry, a position he has held since January 1999. Mr. Swanson is also the President and Chief Executive Officer of Swanson Consulting Inc., a provider of geological and engineering geosciences studies for the oil and gas industry. He has been actively engaged in the exploration and production sectors of the oil and gas industry for over 30 years. Mr. Swanson co-founded Stratamodel, Inc., which developed the first commercially available 3-D geocellular technology, now a standard workflow tool in the oil and gas industry. He is co-author of two patents including ReservoirGrail, an increasingly used reservoir volumetric material balancing simulator. Mr. Swanson received his B.B.A. from Southern Methodist University and is a member of the Society of Petroleum Engineers (SPE), Association of Petroleum Geologists (AAPG), Houston Geological Society (HGS), Independent Petroleum Association of America (IPAA) and the National Stripper Well Association (NSWA). He is an individual trustee of TEL Offshore Trust, a publicly-listed oil and gas trust. Mr. Swanson is a published author of several papers and articles regarding various technologies and methodologies used for enhancing and increasing the value of mature oil and gas fields. |
E. Gabe Scott |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Gary Evans |
4,319,230 |
Ronald Ormand |
1,751,090 |
R. Glenn Dawson |
-- |
James Denny |
1,783,110 |
H. Ferguson |
1,750,450 |
Fred Smith |
-- |
Paul Johnston |
-- |
Brian Burgher |
1,083,740 |
Donald Kirkendall |
278,500 |
J.Raleigh Bailes |
-- |
Brad Bynum |
-- |
Victor Carrillo |
-- |
Stephen Hurley |
-- |
Joe McClaugherty |
-- |
Steven Pfeifer |
-- |
Jeffrey Swanson |
-- |
E. Gabe Scott |
-- |
As Of 30 Dec 2011
Options Compensation
| Name | Options | Value |
|---|---|---|
Gary Evans |
2,750,000 | 13,330,000 |
Ronald Ormand |
1,350,000 | 8,380,500 |
R. Glenn Dawson |
0 | 0 |
James Denny |
0 | 0 |
H. Ferguson |
100,000 | 657,000 |
Fred Smith |
0 | 0 |
Paul Johnston |
0 | 0 |
Brian Burgher |
86,000 | 571,800 |
Donald Kirkendall |
0 | 0 |
J.Raleigh Bailes |
0 | 0 |
Brad Bynum |
0 | 0 |
Victor Carrillo |
0 | 0 |
Stephen Hurley |
0 | 0 |
Joe McClaugherty |
0 | 0 |
Steven Pfeifer |
0 | 0 |
Jeffrey Swanson |
0 | 0 |
E. Gabe Scott |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
SWANSON JEFFREY |
4,500 | $2.72 |
SWANSON JEFFREY |
9,000 | $2.76 |
SWANSON JEFFREY |
15,500 | $2.63 |
SWANSON JEFFREY |
15,000 | $2.47 |
SWANSON JEFFREY |
18,520 | $2.44 |
SWANSON JEFFREY |
15,000 | $2.62 |
BAILES JAMES RALEIGH SR |
3,912 | $0.00 |
BYNUM CHARLES BRADLEY |
3,786 | $0.00 |
HURLEY STEPHEN CRAIG |
4,038 | $0.00 |
PFEIFER STEVEN A |
2,019 | $0.00 |
MCCLAUGHERTY JOE L |
4,669 | $0.00 |
CARRILLO VICTOR G |
2,650 | $0.00 |
SWANSON JEFFREY |
2,271 | $0.00 |
KRUEGER DAVID S |
172,500 | $3.74 |
KRUEGER DAVID S |
22,500 | $2.25 |
KRUEGER DAVID S |
150,000 | $1.17 |
ORMAND RONALD DEAN |
25,000 | $2.25 |
KIRKENDALL DONALD L |
33,000 | $3.64 |
KIRKENDALL DONALD L |
30,300 | $3.59 |
MCCLAUGHERTY JOE L |
13,000 | $3.70 |
KIRKENDALL DONALD L |
63,300 | $2.25 |
KIRKENDALL DONALD L |
200,000 | $1.99 |
KIRKENDALL DONALD L |
125,109 | $4.20 |
EVANS GARY C |
8,670 | $2.50 |
DENNY JAMES W III |
357,500 | $0.00 |

