Magnum Hunter Acquires Interest in Noble County

- February 17th, 2012

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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