Magnum Hunter Forms Another Utica JV, Fields Bakken Offers

摘要

Magnum Hunter Resources Corp. (NYSE: MHR) announced June 23 a partnering with EM Energy Ohio LLC (EdgeMarc) to develop 1,080 net acres of mineral leasehold in the Marcellus and Utica. The joint venture may cover a bit more than 1,000 acres of land in the Marcellus and Utica, but it fits part of a larger goal Magnum may be pursuing to make the Appalachian Basin home turf.