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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As filed with the Securities and Exchange Commission on January 21, 2004<BR> File No. 333-___________ </FONT></P>
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 <H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>UNITED STATES<BR>SECURITIES AND EXCHANGE COMMISSION<BR>Washington, DC 20549
 </FONT></H1>

<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>FORM S-8<BR>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
 </FONT></H1>
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<P align=center><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MAGNUM HUNTER RESOURCES, INC.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </U><BR>(Exact Name of Registrant as Specified in its Charter)</FONT></P>



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     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 East Las Colinas Blvd., Suite 1100, Irving, Texas&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD>
     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75039&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD></TR>
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     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(State or Other Jurisdiction of Incorporation or Organization)</FONT></TD>
     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(IRS Employer ID No.)</FONT></TD></TR>
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     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nevada&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD>
     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87-0462881&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD></TR>
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     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Address of Principal Executive Offices) </FONT></TD>
     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Zip Code)</FONT></TD></TR>
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     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnum Hunter Resources, Inc. 2001 Stock Option Plan, as amended&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD></TR>
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     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Full Title of the Plan)</FONT></TD></TR>
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     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan F. Johnston, Secretary, 600 East Las Colinas Blvd., Suite 1100, Irving, Texas 75039&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD></TR>
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     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Name and Address of Agent For Service)</FONT></TD></TR>
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     <TD WIDTH="50%" align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(972) 401-0752&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U> </FONT></TD></TR>
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     <TD align=center><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(Telephone Number, Including Area Code, of Agent For Service)</FONT></TD></TR>
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     <TH COLSPAN=15><FONT FACE="Times New Roman, Times, Serif" SIZE=1>CALCULATION OF REGISTRATION FEE</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
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     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Title of Securities to be Registered</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Amount<BR>
to be<BR>
Registered</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Proposed<BR>
Maximum<BR>
Offering Price<BR>
Per Share (1)</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Proposed<BR>
Maximum<BR>
Aggregate<BR>
Offering Price (1)</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH>
     <TH COLSPAN=3><FONT FACE="Times New Roman, Times, Serif" SIZE=1>Amount<BR>
of<BR>
Registration<BR>
Fee</FONT><HR WIDTH=95% SIZE=1 COLOR=BLACK NOSHADE></TH></TR>
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     <TD WIDTH="52%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Common Stock, $0.002 par value per share</FONT></TD>
     <TD WIDTH="0%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="0%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="0%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH="12%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3,000,000</FONT></TD>
        <TD WIDTH="0%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
     <TD WIDTH="0%" ALIGN="CENTER"></TD><TD WIDTH="12%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$9.09</FONT></TD>
        <TD WIDTH="0%" ALIGN="CENTER"></TD>
     <TD WIDTH="0%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH="12%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$27,270,000</FONT></TD>
        <TD WIDTH="0%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH="0%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD><TD WIDTH="12%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$2,206.14</FONT></TD>
        <TD WIDTH="0%" ALIGN="CENTER"></TD></TR>
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          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
          <TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) under the Securities Act of 1933
         (the "Securities Act") and based on the closing price of the common stock reported on the New York  Stock Exchange on
         January 16, 2004.</FONT></TD>
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          </TABLE>
          <BR>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART I </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 1. <U>Plan Information</U>. * </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 2. <U>Registrant Information and Employee Plan Annual Information</U>. * </FONT></P>


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Information required by Part I to be contained in the Section 10(a) prospectus is omitted
from this Registration Statement in accordance with Rule 428 under the Securities Act of
1933 and the Note to Part I of Form S-8. </FONT></TD>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT </FONT></H1>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3. <U>Incorporation of Certain Documents by Reference</U>.  </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnum Hunter Resources, Inc. (the &#147;Registrant&#148;) incorporates by reference into this Registration Statement the following documents filed by the Registrant with the Securities
and Exchange Commission (the &#147;Commission&#148;). The Securities and Exchange Commission allows us to &#147;incorporate by reference&#148; other documents filed with
the Securities and Exchange Commission, which means that we can disclose important information to you by referring you to other documents. The documents that are
incorporated by reference are legally considered to be a part of this Registrant Statement. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The following documents are incorporated by reference into the Registration Statement: </FONT></P>

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          <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1) </FONT></TD>
          <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Annual Report on Form 10-K for the year ended December 31, 2002; </FONT></TD>
          </TR>
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          <BR>

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          <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2) </FONT></TD>
          <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Quarterly Reports on Form 10-Q for the period ended March 31, 2003; June 30,
          2003; and September 30, 2003; </FONT></TD>
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          <BR>

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          <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(3) </FONT></TD>
          <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Current Reports on Form 8-K filed December 10, 2003; December 12, 2003; December
          18, 2003; and January 9, 2004; </FONT></TD>
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          <BR>

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          <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(4) </FONT></TD>
          <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Definitive Proxy Statement relating to our 2002 annual meeting of stockholders; </FONT></TD>
          </TR>
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          <BR>

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          <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(5) </FONT></TD>
          <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          The description of the Company&#146;s common stock which is contained in the
          Company&#146;s Registration Statement filed under Section 12 of the Securities
          Exchange Act of 1934, including any amendments or reports filed for the purpose
          of updating such description; and </FONT></TD>
          </TR>
          </TABLE>
          <BR>

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          <TD WIDTH=15%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(6) </FONT></TD>
          <TD WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Any filings with the SEC pursuant to Section 13(a), 13(c), 14 or 15(d) of the
          Securities Exchange Act of 1934 between the date of this Registration Statement
          and the expiration of this offering. </FONT></TD>
          </TR>
          </TABLE>
          <BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
you read the above documents, you may find some inconsistencies in information from one
document to another. If you find inconsistencies between the documents, or between a
document and this Registration Statement, you should rely on the statements made in the
most recent document. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the
Securities Exchange Act of 1934, as amended, subsequent to the date hereof and prior to
the filing of a post-effective amendment which indicates that all securities offered
hereby have been sold or which de-registers all securities covered hereby then remaining
unsold shall be deemed to be incorporated as by reference herein and to be part hereof
from the date of filing of such documents, except as to any portion of any future Annual
or Quarterly Report to Stockholders which is deemed to be modified or superseded for
purposes of this Registration Statement to the extent that such statement is replaced or
modified by a statement contained in a subsequently dated document incorporated by
reference or contained in this Registration Statement. Any statement so modified or
superceded shall not be deemed, except as so modified or superceded, to constitute a part
of this Registration Statement. Upon the written or oral request of any person to whom a
copy of this Registration Statement has been delivered, the Company will provide without
charge to such person a copy of any and all documents (excluding exhibits thereto unless
such exhibits are specifically incorporated by reference into such documents) that have
been incorporated by reference into this Registration Statement but not delivered
herewith. Requests for such documents should be addressed to Magnum Hunter Resources,
Inc., 600 E. Las Colinas Blvd., Suite 1100, Irving, Texas 75039, Attention: Corporate
Secretary, (972) 401-0752. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 4. <U>Description of Securities</U>.</FONT></P>


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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
Applicable.</I></FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5. <U>Interests of Named Experts and Counsel</U>.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
validity of the issuance of the securities registered pursuant to this registration
statement is being passed upon for the Company by Morgan F. Johnston, Senior Vice
President, General Counsel and Secretary. </FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 6. <U>Indemnification
of Directors and Officers.</U>.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
General Corporation Law of Nevada permits provisions in the articles, by-laws or
resolutions approved by shareholders which limit liability of directors for breach of
fiduciary duty to certain specified circumstances. The Company&#146;s by-laws indemnify
its Officers and Directors to the full extent permitted by Nevada law. The by-laws with
certain exceptions eliminate any personal liability of a Director to the Company or its
shareholders for monetary damages for the breach of a Director&#146;s fiduciary duty and
therefore a Director cannot be held liable for damages to the Company or its shareholders
for gross negligence or lack of due care in carrying out his fiduciary duties as a
Director. The Company&#146;s Articles provide for indemnification to the full extent
permitted under law which includes all liability, damages, and costs or expenses arising
from or in connection with service for, employment by, or other affiliation with the
Company to the maximum extent and under all circumstances permitted by law. Nevada law
permits indemnification if a director or officer acts in good faith in a manner reasonably
believed to be in, or not opposed to, the best interest&#146;s of the corporation. A
director or officer must be indemnified as to any matter in which he successfully defends
himself. Indemnification is prohibited as to any matter in which the director or officer
is adjudged liable to the corporation. Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers, and controlling persons
of the Company pursuant to the foregoing provisions or otherwise, the Company has been
advised that in the opinion of the Securities and Exchange Commission, such
indemnification is against public policy as expressed in the Act and is, therefore,
unenforceable. </FONT></P>


<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 7. <U>Exemption from
Registration Claimed</U>.  </FONT></P>



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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><I>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
Applicable.</I></FONT></P>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8. <U>Exhibits</U>.  </FONT></P>


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     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.1 </FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> Form of Magnum Hunter Resources, Inc. 2001 Stock Option Plan, as amended</FONT></TD></TR>
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     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5.1 </FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> Opinion of Morgan F. Johnston, Esq. regarding legality (including consent)</FONT></TD></TR>
</TABLE>

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     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.1 </FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> Consent of Morgan F. Johnston (included as part of Exhibit 5.1)</FONT></TD></TR>
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     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.2 </FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> Consent of Deloitte
&amp; Touche LLP</FONT></TD></TR>
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     <TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">24.1 </FONT></TD>
     <TD WIDTH="90%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"> Power of Attorney (included on signature page of this Registration Statement)</FONT></TD></TR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9. <U>Undertakings</U>.  </FONT></P>



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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant hereby undertakes:</FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          To file, during any period in which offers or sales are being made, a post
          effective amendment to this Registration Statement: </FONT></P>

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               <TD WIDTH=20%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(i) </FONT></TD>
               <TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               To include any prospectus required by Section 10(a)(3) of the Securities Act of
          1933;  </FONT></TD>
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               <BR>


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               <TD WIDTH=20%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(ii) </FONT></TD>
               <TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               To reflect in the prospectus any facts or events arising after the effective
               date of this Registration Statement (or the most recent post-effective amendment
               thereof) which, individually or in the aggregate, represent a fundamental change
               in the information set forth in this Registration Statement. Notwithstanding the
               foregoing, any increase or decrease in volume of securities offered (if the
               total dollar value of securities offered would not exceed that which was
               registered) and any deviation from the low or high end of the estimated maximum
               offering range may be reflected in the Form of prospectus filed with the
               Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume
               and price represent no more than a 20% change in maximum aggregate offering
               price set forth in the &#147;Calculation of Registration Fee&#148; table in the
               effective registration statement; </FONT></TD>
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               <BR>

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               <TD WIDTH=20%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
               <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(iii) </FONT></TD>
               <TD WIDTH=75%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
               To include any material information with respect to the plan of distribution not
               previously disclosed in this Registration Statement or any material change to
               such information in this Registration Statement;</FONT></TD>
               </TR>
               </TABLE>
               <BR>


<PAGE>





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<TD WIDTH=15%>&nbsp;</TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>provided,
however</I>, that paragraphs (1) (i) and (1) (ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the registrant pursuant to Section 13
or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference
in this Registration Statement. </FONT></TD>
</TR>
</TABLE>
<BR>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          That, for the purpose of determining any liability under the Securities Act of
          1933, each such post-effective amendment shall be deemed to be a new
          registration statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be the initial
          <I>bona fide</I> offering thereof. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          To remove from registration by means of post effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering. </FONT></P>

<!-- MARKER FORMAT-SHEET="Para (List) Indent Lv 0- TNR" FSL="Workstation" -->
     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          That, for purposes of determining any liability under the Securities Act of
          1933, each filing of the Registrant&#146;s annual report pursuant to Section
          13(a) or Section 15(d) of the Securities Exchange Act of 1934 that is
          incorporated by reference in this Registration Statement shall be deemed to be a
          new registration statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be the initial
          <I>bona fide </I>offering thereof. </FONT></P>

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     <P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;(5)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
          Insofar as indemnification for liabilities arising under the Securities Act of
          1933 may be permitted to directors, officers and controlling persons of the
          Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
          has been advised that in the opinion of the Securities and Exchange Commission
          such indemnification is against public policy as expressed in the Act and is,
          therefore, unenforceable. In the event that a claim for indemnification against
          such liabilities (other than the payment by the registrant of expenses incurred
          or paid by a director, officer or controlling person of the Registrant in the
          successful defense of any action, suit or proceeding) is asserted by such
          director, officer or controlling person in connection with the securities being
          registered, the Registrant will, unless in the opinion of its counsel the matter
          has been settled by controlling precedent, submit to a court of appropriate
          jurisdiction the question whether such indemnification by it is against public
          policy as expressed in the Act and will be governed by the final adjudication of
          such issue. </FONT></P>

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intentionally left blank] </FONT></P>


<PAGE>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that is has
reasonable grounds to believe that it meets all the requirements for filing on Form S-8
and has duly caused this registration statement to be signed on its behalf by the
undersigned thereunto duly authorized, in the City of Irving, State of Texas, on the 20th
day of January, 2004. </FONT></P>


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<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>MAGNUM HUNTER RESOURCES, INC.</b><BR><BR>By:<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Gary C. Evans&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u><BR></FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gary C. Evans, President</FONT></TD></TR>
</TABLE>
<BR>



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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOW
ALL MEN BY THESE PRESENTS, that each of the undersigned directors and officers of Magnum
Hunter Resources, Inc. (the &#147;Company&#148;), a Nevada corporation, hereby constitutes
and appoints Gary C. Evans and Morgan F. Johnston, and each of them, his or her true and
lawful attorneys-in-fact to sign on his or her behalf, as a director or officer, as the
case may be, of the Company, a Registration Statement(s) of Form S-8 (the
&#147;Registration Statement&#148;) with full power of substitution and resubstitution,
for him or her and in his or her name, place and stead, any or all amendments and any or
all post-effective amendments to the Registration Statement whether on Form S-8 or
otherwise, and all other documents in connection therewith, to be filed with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and
each of them, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all intents and
purposes as he or she might or could do in person, hereby ratifying and confirming all
that said attorneys-in-fact or any of them, or their substitute or substitutes, may
lawfully do or cause to be done by virtue thereof. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements on the Securities Act of 1933, this Registration Statement has been
signed below by the following persons in the capacities and on the dates indicated. </FONT></P>



<TABLE WIDTH="100%" BORDER="0" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN="BOTTOM">
     <TH align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><U>Signature</U> <BR></FONT></TH>
     <TH align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><U>Title</U><BR></FONT></TH>
     <TH align=left><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><U>Date</U><BR></FONT></TH></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ Gary C. Evans<BR>Gary C. Evans</FONT></TD>
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Chief Executive Officer,<BR>President and Director</FONT></TD>
     <TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ Chris Tong<BR>Chris Tong</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Senior Vice President and <BR>Chief Financial Officer</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ David S. Krueger<BR>David S. Krueger   </FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Vice President and <BR> Chief Accounting Officer</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ Gerald W. Bolfing<BR>Gerald W. Bolfing</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ Jerry Box<BR>Jerry Box</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ James R. Latimer<BR>James R. Latimer</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ Matthew C. Lutz <BR>Matthew C. Lutz</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ Jody Powers <BR>Jody Powers</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ John H. Trescot <BR>John H. Trescot</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD WIDTH="34%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
<TD WIDTH="33%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD></TR>

<TR VALIGN="TOP">
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ James E. Upfield <BR>James E. Upfield</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Director</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">January 20, 2004</FONT></TD></TR>
</TABLE>





</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "fs8-options0104.htm", "secsgml_size_bytes": 38738}]
{"company-data": {"conformed-name": "MAGNUM HUNTER RESOURCES INC", "cik": "0000854271", "assigned-sic": "1311", "irs-number": "870462881", "state-of-incorporation": "NV", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-112037", "film-number": "04533982"}, "business-address": {"street1": "600 E LAS COLINAS BLVD", "street2": "STE 1200", "city": "IRVING", "state": "TX", "zip": "75039", "phone": "9724010752"}, "mail-address": {"street1": "42 600 COOK ST", "street2": "600 EAST LAS COLINAS BLVD STE 1200", "city": "IRVING", "state": "TX", "zip": "75039"}, "former-company": [{"former-conformed-name": "MAGNUM PETROLEUM INC /NV/", "date-changed": "19920703"}, {"former-conformed-name": "MASTER VENTURES INC /NV/", "date-changed": "19901022"}]}
As filed with the Securities and Exchange Commission on January 21, 2004
File No. 333-___________
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
MAGNUM HUNTER RESOURCES, INC.
(Exact Name of Registrant as Specified in its Charter)
600 East Las Colinas Blvd., Suite 1100, Irving, Texas
75039
(State or Other Jurisdiction of Incorporation or Organization)
(IRS Employer ID No.)
Nevada
87-0462881
(Address of Principal Executive Offices)
(Zip Code)
Magnum Hunter Resources, Inc. 2001 Stock Option Plan, as amended
(Full Title of the Plan)
Morgan F. Johnston, Secretary, 600 East Las Colinas Blvd., Suite 1100, Irving, Texas 75039
(Name and Address of Agent For Service)
(972) 401-0752
(Telephone Number, Including Area Code, of Agent For Service)
CALCULATION OF REGISTRATION FEE
Title of Securities to be Registered
Amount
to be
Registered
Proposed
Maximum
Offering Price
Per Share (1)
Proposed
Maximum
Aggregate
Offering Price (1)
Amount
of
Registration
Fee
Common Stock, $0.002 par value per share
3,000,000
$9.09
$27,270,000
$2,206.14
(1)
Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(h) under the Securities Act of 1933
         (the "Securities Act") and based on the closing price of the common stock reported on the New York  Stock Exchange on
         January 16, 2004.
PART I
INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS
Item 1.
Plan Information
. *
Item 2.
Registrant Information and Employee Plan Annual Information
. *
*
Information required by Part I to be contained in the Section 10(a) prospectus is omitted
from this Registration Statement in accordance with Rule 428 under the Securities Act of
1933 and the Note to Part I of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Certain Documents by Reference
.
Magnum Hunter Resources, Inc. (the "Registrant") incorporates by reference into this Registration Statement the following documents filed by the Registrant with the Securities
and Exchange Commission (the "Commission"). The Securities and Exchange Commission allows us to "incorporate by reference" other documents filed with
the Securities and Exchange Commission, which means that we can disclose important information to you by referring you to other documents. The documents that are
incorporated by reference are legally considered to be a part of this Registrant Statement.
The following documents are incorporated by reference into the Registration Statement:
(1)
Annual Report on Form 10-K for the year ended December 31, 2002;
(2)
Quarterly Reports on Form 10-Q for the period ended March 31, 2003; June 30,
          2003; and September 30, 2003;
(3)
Current Reports on Form 8-K filed December 10, 2003; December 12, 2003; December
          18, 2003; and January 9, 2004;
(4)
Definitive Proxy Statement relating to our 2002 annual meeting of stockholders;
(5)
The description of the Company's common stock which is contained in the
          Company's Registration Statement filed under Section 12 of the Securities
          Exchange Act of 1934, including any amendments or reports filed for the purpose
          of updating such description; and
(6)
Any filings with the SEC pursuant to Section 13(a), 13(c), 14 or 15(d) of the
          Securities Exchange Act of 1934 between the date of this Registration Statement
          and the expiration of this offering.
As
you read the above documents, you may find some inconsistencies in information from one
document to another. If you find inconsistencies between the documents, or between a
document and this Registration Statement, you should rely on the statements made in the
most recent document.
All
documents filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d) of the
Securities Exchange Act of 1934, as amended, subsequent to the date hereof and prior to
the filing of a post-effective amendment which indicates that all securities offered
hereby have been sold or which de-registers all securities covered hereby then remaining
unsold shall be deemed to be incorporated as by reference herein and to be part hereof
from the date of filing of such documents, except as to any portion of any future Annual
or Quarterly Report to Stockholders which is deemed to be modified or superseded for
purposes of this Registration Statement to the extent that such statement is replaced or
modified by a statement contained in a subsequently dated document incorporated by
reference or contained in this Registration Statement. Any statement so modified or
superceded shall not be deemed, except as so modified or superceded, to constitute a part
of this Registration Statement. Upon the written or oral request of any person to whom a
copy of this Registration Statement has been delivered, the Company will provide without
charge to such person a copy of any and all documents (excluding exhibits thereto unless
such exhibits are specifically incorporated by reference into such documents) that have
been incorporated by reference into this Registration Statement but not delivered
herewith. Requests for such documents should be addressed to Magnum Hunter Resources,
Inc., 600 E. Las Colinas Blvd., Suite 1100, Irving, Texas 75039, Attention: Corporate
Secretary, (972) 401-0752.
Item 4.
Description of Securities
.
Not
Applicable.
Item 5.
Interests of Named Experts and Counsel
.
The
validity of the issuance of the securities registered pursuant to this registration
statement is being passed upon for the Company by Morgan F. Johnston, Senior Vice
President, General Counsel and Secretary.
Item 6.
Indemnification
of Directors and Officers.
.
The
General Corporation Law of Nevada permits provisions in the articles, by-laws or
resolutions approved by shareholders which limit liability of directors for breach of
fiduciary duty to certain specified circumstances. The Company's by-laws indemnify
its Officers and Directors to the full extent permitted by Nevada law. The by-laws with
certain exceptions eliminate any personal liability of a Director to the Company or its
shareholders for monetary damages for the breach of a Director's fiduciary duty and
therefore a Director cannot be held liable for damages to the Company or its shareholders
for gross negligence or lack of due care in carrying out his fiduciary duties as a
Director. The Company's Articles provide for indemnification to the full extent
permitted under law which includes all liability, damages, and costs or expenses arising
from or in connection with service for, employment by, or other affiliation with the
Company to the maximum extent and under all circumstances permitted by law. Nevada law
permits indemnification if a director or officer acts in good faith in a manner reasonably
believed to be in, or not opposed to, the best interest's of the corporation. A
director or officer must be indemnified as to any matter in which he successfully defends
himself. Indemnification is prohibited as to any matter in which the director or officer
is adjudged liable to the corporation. Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers, and controlling persons
of the Company pursuant to the foregoing provisions or otherwise, the Company has been
advised that in the opinion of the Securities and Exchange Commission, such
indemnification is against public policy as expressed in the Act and is, therefore,
unenforceable.
Item 7.
Exemption from
Registration Claimed
.
Not
Applicable.
Item 8.
Exhibits
.
4.1
Form of Magnum Hunter Resources, Inc. 2001 Stock Option Plan, as amended
5.1
Opinion of Morgan F. Johnston, Esq. regarding legality (including consent)
23.1
Consent of Morgan F. Johnston (included as part of Exhibit 5.1)
23.2
Consent of Deloitte
& Touche LLP
24.1
Power of Attorney (included on signature page of this Registration Statement)
Item 9.
Undertakings
.
The
Registrant hereby undertakes:
(1)       
          To file, during any period in which offers or sales are being made, a post
          effective amendment to this Registration Statement:
(i)
To include any prospectus required by Section 10(a)(3) of the Securities Act of
          1933;
(ii)
To reflect in the prospectus any facts or events arising after the effective
               date of this Registration Statement (or the most recent post-effective amendment
               thereof) which, individually or in the aggregate, represent a fundamental change
               in the information set forth in this Registration Statement. Notwithstanding the
               foregoing, any increase or decrease in volume of securities offered (if the
               total dollar value of securities offered would not exceed that which was
               registered) and any deviation from the low or high end of the estimated maximum
               offering range may be reflected in the Form of prospectus filed with the
               Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume
               and price represent no more than a 20% change in maximum aggregate offering
               price set forth in the "Calculation of Registration Fee" table in the
               effective registration statement;
(iii)
To include any material information with respect to the plan of distribution not
               previously disclosed in this Registration Statement or any material change to
               such information in this Registration Statement;
provided,
however
, that paragraphs (1) (i) and (1) (ii) do not apply if the information required
to be included in a post-effective amendment by those paragraphs is contained in periodic
reports filed with or furnished to the Commission by the registrant pursuant to Section 13
or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference
in this Registration Statement.
(2)       
          That, for the purpose of determining any liability under the Securities Act of
          1933, each such post-effective amendment shall be deemed to be a new
          registration statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(3)       
          To remove from registration by means of post effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering.
(4)       
          That, for purposes of determining any liability under the Securities Act of
          1933, each filing of the Registrant's annual report pursuant to Section
          13(a) or Section 15(d) of the Securities Exchange Act of 1934 that is
          incorporated by reference in this Registration Statement shall be deemed to be a
          new registration statement relating to the securities offered therein, and the
          offering of such securities at that time shall be deemed to be the initial
bona fide
offering thereof.
(5)       
          Insofar as indemnification for liabilities arising under the Securities Act of
          1933 may be permitted to directors, officers and controlling persons of the
          Registrant pursuant to the foregoing provisions, or otherwise, the Registrant
          has been advised that in the opinion of the Securities and Exchange Commission
          such indemnification is against public policy as expressed in the Act and is,
          therefore, unenforceable. In the event that a claim for indemnification against
          such liabilities (other than the payment by the registrant of expenses incurred
          or paid by a director, officer or controlling person of the Registrant in the
          successful defense of any action, suit or proceeding) is asserted by such
          director, officer or controlling person in connection with the securities being
          registered, the Registrant will, unless in the opinion of its counsel the matter
          has been settled by controlling precedent, submit to a court of appropriate
          jurisdiction the question whether such indemnification by it is against public
          policy as expressed in the Act and will be governed by the final adjudication of
          such issue.
[Rest of page
intentionally left blank]
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that is has
reasonable grounds to believe that it meets all the requirements for filing on Form S-8
and has duly caused this registration statement to be signed on its behalf by the
undersigned thereunto duly authorized, in the City of Irving, State of Texas, on the 20th
day of January, 2004.
MAGNUM HUNTER RESOURCES, INC.
By:
/s/ Gary C. Evans
Gary C. Evans, President
KNOW
ALL MEN BY THESE PRESENTS, that each of the undersigned directors and officers of Magnum
Hunter Resources, Inc. (the "Company"), a Nevada corporation, hereby constitutes
and appoints Gary C. Evans and Morgan F. Johnston, and each of them, his or her true and
lawful attorneys-in-fact to sign on his or her behalf, as a director or officer, as the
case may be, of the Company, a Registration Statement(s) of Form S-8 (the
"Registration Statement") with full power of substitution and resubstitution,
for him or her and in his or her name, place and stead, any or all amendments and any or
all post-effective amendments to the Registration Statement whether on Form S-8 or
otherwise, and all other documents in connection therewith, to be filed with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and
each of them, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all intents and
purposes as he or she might or could do in person, hereby ratifying and confirming all
that said attorneys-in-fact or any of them, or their substitute or substitutes, may
lawfully do or cause to be done by virtue thereof.
Pursuant
to the requirements on the Securities Act of 1933, this Registration Statement has been
signed below by the following persons in the capacities and on the dates indicated.
Signature
Title
Date
/s/ Gary C. Evans
Gary C. Evans
Chief Executive Officer,
President and Director
January 20, 2004
/s/ Chris Tong
Chris Tong
Senior Vice President and
Chief Financial Officer
January 20, 2004
/s/ David S. Krueger
David S. Krueger
Vice President and
Chief Accounting Officer
January 20, 2004
/s/ Gerald W. Bolfing
Gerald W. Bolfing
Director
January 20, 2004
/s/ Jerry Box
Jerry Box
Director
January 20, 2004
/s/ James R. Latimer
James R. Latimer
Director
January 20, 2004
/s/ Matthew C. Lutz
Matthew C. Lutz
Director
January 20, 2004
/s/ Jody Powers
Jody Powers
Director
January 20, 2004
/s/ John H. Trescot
John H. Trescot
Director
January 20, 2004
/s/ James E. Upfield
James E. Upfield
Director
January 20, 2004