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To: Archie Meeties who wrote (82053)	12/19/2000 8:23:09 AM
From: Second_Titan	Respond to of 95453

Magnum Hunter Projects Significant Operating and Financial Gains for New Year; Announces 2001 Capital Expenditure Budget TUESDAY, DECEMBER 19, 2000 8:00:00 AM EST IRVING, Texas, Dec 19, 2000 /PRNewswire via COMTEX/ -- Magnum Hunter Resources, Inc. (Amex: MHR) ("Magnum Hunter") announced today that the Company has filed a Form 8-K with the Securities and Exchange Commission outlining significant operating and financial gains expected to be achieved during 2001 based upon management's current projections. The Company also announced that its Board of Directors has approved an $85 million capital expenditure budget for 2001, an increase of approximately $20 million from 2000 levels