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Magnum Hunter IPs Several Marcellus Wells

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Magnum Hunter IPs Several Marcellus Wells

Magnum Hunter Resources Corporation reported that the Company's four new 100% owned WVDNR Pad wells (#1410, #1411, #1412 and #1413) located in Wetzel County, West Virginia have all been recently placed on production after several weeks of testing.

Currently, all seven of the Company's 100% owned Marcellus Shale wells, which included three previously shut-in wells, on the WVDNR Pad are flowing to sales. The WVDNR Pad is currently producing approximately 35 MMcfe per day.

The WVDNR #1410 well was drilled and cased to a true vertical depth of 7,500 feet with a 4,350 foot horizontal lateral, and successfully fraced with 23 stages. The well tested at a peak rate of 12,966 MMcfe (17% NGLs and 3% condensate) per day with an energy content of 1,175 BTU on an adjustable choke with 2,250 PSI…

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