Magnum Hunter Resources Corp. - 2012-05-11

Priced a private offering of $450 million in aggregate principal amount of 9.75% senior unsecured notes due 2020 to finance a portion of the pending $311 million previously announced acquisition of oil properties in the Williston Basin from Baytex Energy USA Ltd., increase the 2012 upstream capital budget from $150 million to $325 million and for general corporate purposes.