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Magnum Hunter Hits Best Flow Rates at Latest Utica Discovery

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Magnum Hunter Hits Best Flow Rates at Latest Utica Discovery

Magnum Hunter Resources Corporation has reported that the Company's 100% owned Stewart Winland 1300U well located in Tyler County, West Virginia was placed on production last weekend.

The Company's first Utica Shale well drilled and completed in the State of West Virginia and the most southeastern well in the entire play tested at a peak rate of 46.5 MMCF of natural gas per day (~7,750 BOE per day) on an adjustable rate choke with 7,810 psi FCP and has been flowing to sales through the Company's Eureka Hunter Pipeline system. The Stewart Winland 1300U well was drilled and cased to a true vertical depth of 10,825 feet with a 5,289 foot horizontal lateral, and successfully fraced with 22 stages.

Additionally, three new Marcellus Shale wells (Stewart Winland 1301M, Stewart Winland 1302M and…

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