Archive for 'Triad Hunter'

Triad Hunter Buys Leases for 15.5K Acres in OH Utica Shale

Magnum Hunter’s subsidiary company, Triad Hunter, has just closed on a lease deal to take possession of 15,558 gross (12,186 net) acres in Ohio’s Utica Shale. The deal is for $2,037 per acre, or $24.8 million total. The seller has not been identified and according to the press release the seller may have more acreage [...]

Magnum Hunter CEO Says Conventional Gas Plays Can’t Compete, Company Drills One New Marcellus Gas Well a Month in WV

Some interesting comments made by Magnum Hunter CEO Gary Evans at the recent Marcellus Midstream Conference in Pittsburgh at their projected activity in 2011 and conventional vs. unconventional shale gas plays:

 

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