Magnum Hunter sells West Virginia acreage

US junior Magnum Hunter has signed a deal to sell a little a package of non-core acreage in West Virginia for $40.8 million as it looks to raise enough cash to stay in compliance with its debt covenants.

On the mark: Magnum Hunter finds West Virginia buyer
On the mark: Magnum Hunter finds West Virginia buyer
Published 26 May 2015, 20:35Updated 17 October 2016, 12:52
Americas