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Vol. 9, No. 26 Week of June 27, 2004
Providing coverage of Alaska and northern Canada's oil and gas industry


Magnum Hunter vastly expands New Mexico position

$243M deal with EnCana gives company nearly 100 bcf proved gas equivalent reserves on acreage near its own Morrow-Atoka-Strawn drilling program

Ray Tyson

Petroleum News Houston Correspondent

Magnum Hunter Resources, among the fastest growing exploration and production independents in the United States, was forced to wait three long years for the opportunity to meaningfully expand its oil and gas position in southeastern New Mexico. The company sat it out while the properties, situated l....

    [additional news subjects in this story]

Properties in area Magnum Hunter is drilling

Additional 50-70 drilling locations in Morrow formation

Deal would more than double well count in SE New Mexico


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