Magnum Operations in Pearsall Shale

Shale Gas - Execution

	Location	Atascosa County, South Texas - United States
	Announced	6/30/2012
	Scope	Magnum Hunter Recourses acquired approximately 1,885 net mineral acres located in Atascosa County, Texas. The acquired acreage is prospective for both the Eagle Ford and Pearsall shales and gives the Company 10 additional net drilling locations in the Pearsall Shale and 10 - 13 additional net drilling locations in the Eagle Ford Shale. The Company has approximately 5,212 net acres located in Atascosa County.