Magnum Hunter Resources Corporation (NYSE MHR,NYSE MKT:MHR.PRC) has announced today that it has begun flowing liquids-rich natural gas production to the Mobley gas processing plant situated in Wetzel County, West Virginia and owned by MarkWest Energy Partners, through high pressure pipeline owned by our midstream subsidiary, Eureka Hunter Pipeline, LLC.
As quoted in press release:
We have worked all year in preparation for this milestone event and are now finishing up low pressure gathering and compression facilities at our Carbide, WV site. While the start-up of the plant was behind schedule, we can now finally begin realizing the benefits of natural gas processing in this region. This also allows drilling efforts in northwest West Virginia by Magnum Hunter’s wholly-owned subsidiary, Triad Hunter, as well as a number of other producers committed to our gathering system, to accelerate drilling and completion operations which have to-date been on hold. Separately, Eureka Hunter has completed the bore under the Ohio River and we will begin laying multiple pipelines in Ohio. Our new systems in Ohio will allow future Marcellus and Utica well gathering of gas and condensate in the state of Ohio.
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