MHRC on the OTC market Message Board

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Gold/Mining/Energy : MHRC on the OTC market

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From: JakeStraw	1/22/2013 10:20:33 AM
	of 188

Magnum Hunter Resources Discloses 2013 Drilling Plans to Begin Developing Its Substantial Utica Leasehold Position in Ohio finance.yahoo.com Mr. James W. Denny, III, President of Triad Hunter, commented, "We are very excited to begin accelerating our testing program in the Utica formation located in Ohio. Development of this exciting and highly productive unconventional play could have significant impact to our Company. As nearby offset operators results have validated our geologic interpretation, we are confident that our leasehold position will yield anticipated results. Additionally, we have recently drilled and cased two new Marcellus wells on our Ormet acreage located in Monroe County, Ohio adjacent to leases where Utica potential exists. We are planning to complete these new liquids rich Marcellus wells this summer when Eureka Hunter, our midstream division, has completed the necessary infrastructure."

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