Magnum Hunter Subsidiary Announces Purchase of Two New Drilling Rigs

Magnum Hunter Resources Corporation (NYSE:MHR) reports that its Appalachian Basin Division has acquired two new 2011 Schramm T200XD trailer mounted hydraulic drilling rigs.

The press release is quoted as saying:

Magnum Hunter Resources Corporation and subsidiaries are a Houston, Texas based independent exploration and production company engaged in the acquisition, development and production of oil and natural gas, primarily in the states of West Virginia, Kentucky, Ohio, Texas, North Dakota and Saskatchewan, Canada.

Click here to access the entire press release