Magnum Hunter Resources Corp. - 2011-12-07

The company has reported that the company's borrowing base under its $350 million Senior Bank Facilities, which consist of a $250 million Senior Revolving Credit Facility and a $100 million Term Loan Facility, has been increased by $32.5 million from $167.5 million to $200 million.

Bank of Montreal serves as the "Administrative Agent" under the Senior Revolving Credit Facility, with Capital One, N.A. serving as the "Syndication Agent," and Amegy Bank National Association, KeyBank National Association and UBS Securities LLC serving as "Documentation Agents." BMO Capital Markets serves as "Lead Arranger" and "Sole Bookrunner." Participating banks include Citibank, N.A., Credit Suisse AG, Deutsche Bank Trust Company Americas, SunTrust Bank, Goldman Sachs Bank USA, and Union Bank, N.A.