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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:14 EDTMHREureka Hunter announces gas gathering throughput of 166,500 MMBtu
Eureka Hunter Pipeline, a majority-owned subsidiary of Magnum Hunter Resources, announced that throughput volumes on Eureka Hunter's gas gathering pipeline system located in West Virginia and Ohio have increased to approximately 166,500 MMBtu per day. During December 2013, Triad Hunter, a wholly-owned subsidiary of the ompany, produced approximately 45% of the volumes that flowed through the Eureka Hunter Pipeline System. The company expects Eureka Hunter to flow an additional 40,000 MMBtu per day of throughput volumes from Triad's new WVDNR and Ormet wells located in Wetzel County, West Virginia and Monroe County, Ohio, respectively. These new wells are scheduled to go online sometime over the next three to six weeks. In addition, based upon new Marcellus and Utica drilling schedules, the Company expects Eureka Hunter to add significant throughput volumes shipped from a combination of third parties and Triad throughout 2014.
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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