Eureka Hunter makes new record throughput volumes of ~700,000 MMBtu per day (Scandinavian Oil-Gas Magazine)

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

Published Jul 7, 2015

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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.

Tags: Eureka Hunter Pipeline, LLC

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