Where Are Oil & Natural Gas Prices Headed? Gary Evans of MHR

Natural Gas Prices Expected To Have Much More Upside

Where are natural gas prices and oil prices headed in 2013? Gary Evans discusses his view US oil & gas prices in the video below. [Read more…]

MHR – Oryx Hunter #1H – Sable Hunter #1H IP Rates

Magnum Hunter Resources (MHR) gave an operational update today on two recently completed wells. The companies acreage spans over 51,000 gross acres in Gonzales and Lavaca counties. The Oryx Hunter #1H and Sable Hunter #1H were brought to production at 2,044 and 1,017 boepd, respectively. Oil made up more than 90% of the production stream in both wells. ┬áMagnum Hunter has a total of 198 possible drilling locations identified. [Read more…]