Tuesday, January 22, 2013

Magnum Hunter Planning Test Wells for Utica Shale

From Oil & Gas Journal:
Magnum Hunter Resources Corp. said it intends to drill a minimum of four Utica test wells in Ohio this year. If results are similar to those experienced by offset operators in the area, then further development on the leasehold position is planned later in the year.
Triad Hunter LLC, a Magnum Hunter subsidiary, is building its first Utica pad in Washington County, Ohio, that will be designed for potentially drilling four horizontal wells.
Read the whole story here. 

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