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Magnum Hunter Resources (NYSE:MHR) reported that its subsidiary, Triad Hunter, has acquired mineral interests in Noble County, Ohio (Utica Acreage) for $24.8 million.
Magnum Hunter Resources (NYSE:MHR) reported that its subsidiary, Triad Hunter, has acquired mineral interests in Noble County, Ohio (Utica Acreage) for $24.8 million.
As quoted in the press release:
The Utica Acreage consists of approximately 15,558 gross (12,186 net) acres predominately located in Noble County, Ohio. The net price paid per acre for this acquisition was $2,037.
Click here to read the Magnum Hunter (NYSE:MHR) press release.
