Independent exploration and production company Magnum Hunter Resources Corporation has hired John K. Reinhart as its new president and CEO.
Reinhart has more than 22 years of experience in the oil and gas industry, with the last ten years focused in upstream exploration, development and production activities primarily in the Marcellus and Utica Shales in Ohio and West Virginia.
"I am very pleased and excited to join the Magnum Hunter team," said Reinhart in a company statement.
"The great employees at Magnum Hunter have worked very diligently over the past year to position the company for success. With the acreage position that the company has acquired in the premier low-cost gas basin in the United States, Magnum Hunter's Marcellus and Utica Shale plays strategically position the Company for growth and value creation. I am honored to have the opportunity to lead the Company to the achievement of its strategic and operational goals,” he added.
Prior to joining the ompany, Reinhart served as Ascent Resources Executive Vice President and Chief Operating Officer from 2014 to 2016.
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