Magnum Hunter Shops for New Loans to Pay Old Loans + New Slides

Magnum Hunter, a driller laser focused on the Marcellus and Utica Shale, announced today they are shopping for a couple of new loans in the amount of $390 million to, ah, pay off older loans of $256 million (and give it an extra $134 million of wiggle room for future drilling operations). They also released a new PowerPoint investor presentation with some interesting slides (below)…

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