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Stock Market & Financial Investment News

News Breaks
January 22, 2013
08:32 EDTMHRMagnum Hunter intends to drill minimum of four Utica test wells
Magnum Hunter Resources announced that it intends to drill a minimum of four Utica test wells in Ohio this year. If results are similar to those experienced by offset Operators in the area, then further development on the leasehold position is planned later in the year, the company said. Anticipating favorable results, Magnum said it has already commissioned engineering drawings and Unit preparation on two additional Utica Pads.
News For MHR From The Last 14 Days
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February 20, 2015
07:01 EDTMHRMagnum Hunter completes testing of new wells on WVDNR Pad
Magnum Hunter announced that the company's four new 100% owned WVDNR Pad wells located in Wetzel County, West Virginia have all been recently placed on production after several weeks of testing. Currently, all seven of the company's 100% owned Marcellus Shale wells, which included three previously shut-in wells, on the WVDNR Pad are flowing to sales. The WVDNR Pad is currently producing approximately 35 MMcfe per day.
February 17, 2015
07:18 EDTMHRMagnum Hunter approves $100M upstream capital expenditure budget for FY15
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