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Eureka Hunter makes new record throughput volumes of ~700,000 MMBtu per day


Published Jul 7, 2015
Eureka Hunter Pipeline, LLC

Eureka Hunter Pipeline, LLC says that throughput volumes on Eureka Hunter's gas gathering pipeline system located in West Virginia and Ohio, have now reached a new record high of over 700,000 MMBtu per day on Thursday, July 2, 2015.

The Company recently announced its intention to pursue the sale of 100% of its equity ownership interest in Eureka Hunter pursuant to a Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission on June 25, 2015.

Based upon current market conditions, the Company believes that a sale of all of its equity interest in Eureka Hunter could generate up to approximately $600 - $700 million in gross cash proceeds to Magnum Hunter.

Tags: Eureka Hunter Pipeline, LLC




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