Magnum Hunter & MarkWest Do Deal to Process WV Shale Gas

Pipeline company Magnum Hunter Resources has signed a deal with natural gas processor MarkWest Liberty to deliver and process “liquids-rich” Marcellus Shale gas from northwest West Virginia. As part of the deal, a Magnum Hunter subsidiary (Eureka Hunter) is selling an under-construction gas processing plant to MarkWest. What it all means is that Magnum Hunter and MarkWest are joining forces to handle a large capacity of shale gas that needs processing in northwest WV.

Continue reading