Gary Evans, Chairman and CEO of Magnum Hunter Resources Corporation (NYSE: MHR) is one smart operator. With over three decades of oil and gas exploration experience under his belt, Evans has a multi-billion dollar trophy to prove it. In 2005, he sold Magnum Hunter Resources, Inc. (MHRI) to Cimarex for $2.2 billion. He took a few years off, and then took over at MHR in 2009. On September 24, 2014, Evans announced to the world that Magnum Hunter had discovered what is still the largest producing shale well in history. It’s a gas well in Tyler…
SOURCE: OilPrice.com Daily News Update – Read entire story here.