Scandoil  

Magnum Hunter announces new record throughput volumes at Eureka Hunter


Published Dec 15, 2015
Magnum Hunter Resources Corporation-2

Magnum Hunter Resources Corporation says that throughput volumes on Eureka Hunter Pipeline, LLC's gas gathering pipeline system located in West Virginia and Ohio reached a new record high throughput volume of approximately 835,000 MMBtu per day on the first of December.

Magnum Hunter owns a substantial equity interest in Eureka Hunter Pipeline, LLC (Eureka Hunter) of approximately 45 percent. Eureka Hunter's current throughput volumes represent an approximate 16% increase from reported volumes in July 2015.

Mr. Gary C. Evans, Chairman of the Board and Chief Executive Officer of Magnum Hunter and Eureka Hunter commented, "These new record throughput volumes on the Eureka Hunter pipeline system, during this period of unprecedented declines in overall drilling activity due to extremely low commodity prices, are a testimony to the resource value not only of this region, but what has been created by the hard work of our management team over the past couple of years. The results from the combination of new interconnects with other pipelines, operational superiority, and exceptional service to existing customers, have allowed for this substantial growth being experienced at Eureka Hunter to continue."

Tags: Magnum Hunter Resources Corporation




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml