Magnum Hunter Resources, Inc. Conference Call

Magnum Hunter Resources, Inc. Conference Call 


IRVING, Texas, June 21  /PRNewswire-FirstCall/ -- On Monday morning, June 21,
2004, a conference call will be hosted by the Senior Management of Magnum
Hunter Resources, Inc. at 9:00 a.m. central time.  The subject of the
conference call will be to discuss the following items:

   * The $243 million acquisition of oil and gas properties and leasehold
     mineral acreage positions in New Mexico from Tom Brown, Inc., a
     subsidiary of EnCana Corporation (NYSE: ECA; TSX)
   * The planned expansion of the Company's existing Morrow/Atoka/Strawn
     drilling program in Southeastern New Mexico
   * The proposed issuance of 15,000,000 shares of common stock
   * The anticipated significant reduction in the Company's debt-to-book
     capitalization ratio
   * Outlook for the remainder of 2004

  Magnum Hunter representatives on the call will be:

   Mr. Gary C. Evans
   Chairman, President and Chief Executive Officer

   Mr. Richard R. Frazier
   Executive Vice President and Chief Operating Officer

   Mr. Chris Tong
   Senior Vice President and Chief Financial Officer

   Mr. M. Bradley Davis
   Senior Vice President of Capital Markets and Corporate Development



If you wish to participate in the conference call, please dial in toll free
[phone] at 8:55 a.m. central time on Monday, June 21, 2004.  A passcode
is not required.  Should you wish to participate on the conference call, there
will be a Q & A session following the presentation by management.

International callers, please dial  [phone].

A Web Broadcast will also be available for listeners on the Magnum Hunter Web
Site with instructions as follows:

                      Go to http://www.magnumhunter.com/
                      Go to Investor Relations
                      Go to Webcasts/Conference Call

            FOR FURTHER INFORMATION CONTACT: M. BRADLEY DAVIS
           SENIOR VICE PRESIDENT-CAPITAL MARKETS [phone]


DATASOURCE: Magnum Hunter Resources, Inc.



CONTACT:  M. Bradley Davis, Senior Vice President-Capital Markets of

Magnum Hunter Resources, Inc., [phone]



Web site:  http://www.magnumhunter.com/ 

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