Appalachian pure-play Montage Resources Corp. plans to run only one rig through the remainder of the year and in 2020 as it weathers the current low-cost commodity cycle.
Reinhart
Articles from Reinhart
People — John K. Reinhart
Appalachian pure-playMagnum Hunter Resources Corp. has hired John K. Reinhart to serve as CEO. Magnum emerged from bankruptcy in May after a federal court approved a deal with lenders to wipe out $1 billion in debt (see Shale Daily,May 11). Reinhart, 47, takes the place of Gary Evans, who was ousted during the bankruptcy. Prior to joining Magnum, Reinhart served as COO of Ascent Resources LLC. Evans has since founded Energy Hunter Resources Inc. (see Shale Daily,July 15).
Nexen Launches CEO Search
The search is on for a new chief at Nexen Inc. after President and CEO Marvin Romanow resigned last week.
Nexen Launches CEO Search
The search is on for a new chief at Nexen Inc. after President and CEO Marvin Romanow resigned on Monday.