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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.
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December 17, 2014
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