Providing coverage of Alaska and northern Canada's oil and gas industryOctober 2004
| Vol. 9, No. 43 | Week of October 24, 2004 |
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Magnum Hunter taps Deutsche Bank, Merrill Lynch as financial advisors
Ray Tyson
Independent producer Magnum Hunter Resources said Oct. 18 that it has hired Deutsche Bank Securities as lead advisor and Merrill Lynch as co-advisor to assist the company in developing a plan that could include selling the company or merging it with another company. “The Magnum Hunter board and management team are absolutely committed to building, enhancing and maximizing shareholder value and will take whatever steps necessary to ensure that all possible alternatives regarding Magnum Hunter’s strategic future will be investigated thoroughly,” Magnum Hunter Chairman Jerry Box said.
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