FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Farrell Richard S

2. Date of Event Requiring Statement (MM/DD/YYYY)
4/2/2015 

3. Issuer Name and Ticker or Trading Symbol

MAGNUM HUNTER RESOURCES CORP [MHR]

(Last)        (First)        (Middle)

MAGNUM HUNTER RESOURCES CORPORATION, 1046 TEXAN TRAIL

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Senior Vice President /

(Street)

GRAPEVINE, TX 76051       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $0.01 par value   87649   D    
Common Stock, $0.01 par value   10588   I   By 401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy)   4/5/2010   (1) 4/5/2020   Common Stock, $0.01 par value   225000.0   $3.57   D    
Stock Option (Right to Buy)   5/2/2011   (2) 5/2/2021   Common Stock, $0.01 par value   138750.0   $7.95   D    
Stock Option (Right to Buy)   4/13/2012   (3) 4/13/2022   Common Stock, $0.01 par value   150000.0   $6.08   D    
Stock Option (Right to Buy)   1/17/2013   (4) 1/17/2023   Common Stock, $0.01 par value   150000.0   $4.16   D    

Explanation of Responses:
( 1)  The option vested in four equal annual installments beginning on April 5, 2010.
( 2)  The option vested over a one year period following the date of grant upon satisfaction of certain performance conditions.
( 3)  The option vests in four equal annual installments beginning on April 13, 2012.
( 4)  The option vests in four equal annual installments beginning on January 17, 2013.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Farrell Richard S
MAGNUM HUNTER RESOURCES CORPORATION
1046 TEXAN TRAIL
GRAPEVINE, TX 76051


Senior Vice President

Signatures
/s/ Richard S. Farrell 4/9/2015
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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