Magnum Hunter Sells More Non-Northeast Property for $23M

Magnum Hunter Resources, driller of the most-productive Utica Shale well ever (so far anyway), continues to divest in non-Utica/Marcellus plays so it can concentrate on northeast drilling. Yesterday the company deposited another $23 million from the sale of property they weren't drilling on in North Dakota. That makes for $125 million in revenue from selling "non-core" assets this year, to date...

---

To view this content, log into your member account. (Not a member? Join Today!)