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Home > (MHR, GBLHF, NEM, IAG) Stock Report from DoubleInStocks.com

(MHR, GBLHF, NEM, IAG) Stock Report from DoubleInStocks.com

September 22nd, 2011 at 03:11 pm





Magnum Hunter Resources Corp. (NYSE:MHR) provided a drilling, operational, and production update on the Company's activities in the oil-window of the Eagle Ford Shale unconventional resource play located across approximately 51,664 gross acres predominately in Gonzales and Lavaca Counties of South Texas.the Oryx Hunter #1H which was drilled to a measured depth of 16,955 feet (horizontal lateral length of 6,687 feet), fraced with 21 stages and placed on production September 18, 2011. The initial flowing production rate was 2,044 Boepd (1,944 Bopd, 600 Mcf & 0 Water) on a 16/64" choke with 1,650 psi FCP.

Magnum Hunter Resources Corporation, an independent oil and gas company, engages in the acquisition, development, and production of oil and natural gas primarily in West Virginia, North Dakota, Texas, and Louisiana.

Read the full artical and disclimar at : http://doubleinstocks.com/?p=18636

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