Magnum Hunter: Eagle Ford, Williston Basin, Appalachia/Marcellus/Utica Update
Magnum Hunter Resources Corporation (NYSE:MHR) has provided operational update on the Eagle Ford Shale, the Williston Basin, and the Appalachia/Marcellus/Utica Shale for 2012 first quarter.
Magnum Hunter Resources Corporation (NYSE:MHR) has provided operational update on the Eagle Ford Shale, the Williston Basin, and the Appalachia/Marcellus/Utica Shale for 2012 first quarter.
As quoted in the press release:
Magnum Hunter achieved an average production rate of 12,600 barrels of oil equivalent per day (“Boepd”) during the first quarter of 2012. This production rate represents a 379% increase from the first quarter 2011 production and a 38% increase from the prior quarter (fourth quarter 2011) average production number of 9,124 Boepd.
Click here to read the Magnum Hunter (NYSE:MHR) press release.
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