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.
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