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    Magnum Hunter Acquires Interest in Noble County

    Written by Investing News Network
    |
    Feb. 17, 2012 02:50PM PST

    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.

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