Current MHR Stock Info

Takeaway Record for Eureka Hunter Follows

Magnum Hunter Resources (ticker: MHR) is betting big in the Marcellus/Utica, and a company announcement on September 24, 2014, supports its assessment. The Stewart Winland 1300U well in Tyler County, West Virginia, returned an initial production rate of 46.5 MMcf after being drilled to a true vertical depth of 10,825 feet (including a 5,289 foot horizontal lateral) and fraced with 22 stages.

Oil plays are among the hottest acreage spots right now, as evidenced by Encana’s (ticker: ECA) $7.1 billio...

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