US independent Magnum Hunter is rebranding itself following its bankruptcy exit last year with a change of name.

The company, which has holdings in the Marcellus and Utica shales in the northeastern US, is now Blue Ridge Mountain Resources. The change went into effect on Tuesday.

The names of the company's operating subsidiaries in West Virginia, Ohio, Kentucky and North Dakota will be changed in the near future as a full transition is implemented in the coming weeks.

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