|
|
News Breaks | | | | January 2, 2013 | | 08:21 EDT |  | MHR | Magnum Hunter expands Marcellus and Utica leasehold position in Ohio
Magnum Hunter announced a new Joint Operating Agreement with Eclipse Resources, a privately-held company headquartered in State College, Pennsylvania. The contract area covers an existing mineral leasehold position currently owned by both companies in the Marcellus Shale and Utica Shale Formations located in Monroe County, Ohio. Terms of the new Agreement include Magnum Hunter's wholly-owned subsidiary, Triad Hunter and Eclipse, collectively working together within the contract area on an equal and joint basis on approximately 1,950 net mineral acres with the objective of drilling approximately twelve horizontal wells in the Marcellus Shale and twelve horizontal wells in the Utica Shale over the next three years. It is estimated that the total combined capital costs associated with this development effort in the contract area will exceed $200M. | |
|
News For MHR From The Last 14 Days Check below for free stories on MHR the last two weeks. |
|
|
| May 14, 2013 | | 07:16 EDT |  | MHR | Citigroup to host a conference
2013 Global Energy & Utilities Conference is being held in Boston on May 14-16. | | | May 8, 2013 | | 11:41 EDT |  | MHR | High option volume stocks: MHR FIO DSS NBL WBMD
 Subscribe for More Information | | | May 7, 2013 | | 08:28 EDT | | MHR | Magnum Hunter subsidiary announces acquisition of new drilling rig for the Utica
Magnum Hunter announced that the company's wholly-owned subsidiary, Alpha Hunter Drilling has taken possession of a new Schramm T500XD robotic drilling rig. The company plans to utilize the Schramm T500XD drilling rig to drill exclusively company owned wells planned in the Utica formation located in Southeastern Ohio for the next three years. With the addition of this new drilling rig, Alpha Hunter's fleet has now grown to five rigs. | |
|
|
|
|
|
|
