Magnum Hunter adds to swelling Permian positionPicks up $40 million worth of oil and gas properties in West Texas basin Ray Tyson Petroleum News Houston Correspondent
Magnum Hunter again is spreading its wings over the U.S. Permian Basin, agreeing to buy $40 million worth of oil and gas properties in West Texas from a private seller to go along with $243 million in nearby southeastern New Mexico assets it purchased earlier this summer from EnCana subsidiary Tom B....
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Properties predominately in West Texas Tom Brown deal boosted output 11% Financed through borrowings
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