Magnum Hunter Closes Sale Of Noncore Utica Acreage

Transaction Type

Sellers

Magnum Hunter Resources Corp.

Triad Hunter LLC

Buyers

Antero Resources Corp.

Announce Date

Tue, 05/26/2015 - 12:00 PM

Post Date

Jun 23, 2015

Close Date

Thu, 06/18/2015 - 12:00 PM

Estimated Price

$40.8MM

Description

Bought noncore Utica Shale leasehold acreage covering 5,210 net leasehold acres in Tyler County, WV.

Magnum Hunter Closes Sale Of Noncore Utica Acreage

Magnum Sells Utica Leasehold, But Money And SEC Hurdles Remain