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After announcing a recent deal to shed a portion of its Oklahoma assets, Gastar Exploration Inc. plans to use the proceeds to ramp up operations in the Hunton Lime and STACK plays.
Neighboring the better-known Woodford Shale and Mississippi Lime plays, the Hunton Lime formation is found in central Oklahoma. Like its neighbors, the play offers both gas and oil opportunities.
The most active company in the Hunton Lime formation is Equal Energy.