Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/eureka-hunter-makes-new-record-throughput-volumes-.shtmlEureka Hunter makes new record throughput volumes of ~700,000 MMBtu per day
Eureka Hunter Pipeline, LLC says that throughput volumes on Eureka Hunter's gas gathering pipeline system located in West Virginia and Ohio,
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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.
