Magnum Hunter 2Q13: 1st Utica Well Drilled, WV Marcellus Continues

Magnum Hunter Resources Corporation, both a driller and a midstream (pipeline) company with operations in the Marcellus and Utica Shale region, released their company wide operational update yesterday for the second quarter of 2013. Among the highlights: Magnum Hunter has just completed drilling its first Utica Shale well (Washington County, OH) and the well will be fracked in late July; the company continues to actively drill Marcellus wells in Wetzel County, WV in a 50/50 joint venture with Stone Energy; and Eureka Hunter is active across both the Marcellus and Utica with new pipeline and compressor station construction projects.

Relevant portions of the update below…

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