UPDATE 1-Magnum Hunter says slashed all spending amidst cheap oil, gas
January 23, 2015 at 11:45 AM EST
WILLISTON, N.D., Jan 23 (Reuters) - Oil and natural gas producer Magnum Hunter Resources Corp said on a conference call on Friday it has cut all capital spending amidst plunging commodity prices, expecting prices to remain low for at least the next year.