Magnum Hunter files $100 million shelf for debt, preferreds and stock

By Devika Patel

Knoxville, Tenn., Sept. 16 - Magnum Hunter Resources Inc. filed a $100 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, warrants, preferred stock and debt securities.

The securities may be structured as convertibles.

Proceeds will be used for capital expenditures, working capital, acquisitions, debt repayment or refinancing, investments or general corporate purposes.

Magnum Hunter is an Irving, Texas, independent exploration and development company.

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