Past year: ▼ 99%(1.00c – 1.87 USD)
Each one in plain English, with the numbers worked through for a shareholder.
14 May 2014drilling progress report▲ Good
Magnum Hunter reported encouraging early results from its first Utica Shale well in West Virginia (Stewart Winland pad, Tyler County), with wireline logs showing hydrocarbon-bearing rock consistent with its earlier Stalder Utica discovery in Ohio - the Appalachian Utica/Marcellus push it was now funding was starting to show technical results.
3 Apr 2013drilling progress report▲ GoodMajor
Magnum Hunter agreed to sell its Eagle Ford Shale properties in Gonzales and Lavaca Counties, Texas (about 19,000 net acres, 49 producing wells) to Penn Virginia for $361 million cash plus a further $40 million in cash or stock at Penn Virginia's option. Closing was expected in early to mid-May 2013, with proceeds to reduce debt.
