Magnum Hunter Resources (MHR; $6.71--Dec. 19; Outperform; PT: $8.00)Operations update mixed; jury still out on hitting 2013 exit rate target. MHR provided an operational update this morning including well results from several new wells on its Ormet and Collins Pads. While the well results are positive, MHR appears to experience some delay getting Collins wells on production, as well as issues with Eureka Hunter partly due to cold weather. The jury is still out......
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