Magnum Hunter Resources Corp. has promoted Chris Benton to vice president of finance and capital markets. Cham King was also promoted to assistant vice president of investor relations. The promotions were made effective on Jan. 7. Benton previously served Magnum as its assistant vice president of finance and capital markets and managed the investor relations function and capital market activities at the company. He joined MHR in January 2013. King joined MHR in July 2012, where he previously worked as a financial analyst in the finance department.
Former Halliburton Co. manager Anthony Badalamenti has been sentenced to one year of probation, 100 hours of community service and a $1,000 fine for destroying evidence related to BP plc's Macondo well blowout in 2010. He had faced up to one year in prison after pleading guilty to one misdemeanor count (see Daily GPI, Sept. 23, 2013). Badalamenti was the director of cementing technology for Halliburton Energy Services Inc., BP's cement contractor for the well. During a post-spill review, prosecutors said he instructed two fellow employees to delete relevant data on the cement job. In a deal with the U.S. Department of Justice, Halliburton pleaded guilty to a misdemeanor charge related to his conduct, agreeing to pay a $200,000 fine (see Daily GPI, July 29, 2013).
Thomas L. Mitchell is joining Devon Energy Corp. as CFO and executive vice president. Incumbent financial chief Jeff Agosta is leaving to pursue other interests but it is "not related to any issues regarding financial disclosures, accounting matters or other business issues," the company said. Mitchell has been serving as CFO of Midstates Petroleum Co. From 2006-2011, he was CFO of Noble Corp. and for 18 years before that he worked for Apache Corp.