Magnum Hunter Adds Production to Eugene Island 302

Magnum Hunter reports that the Eugene Island 302 #3, an additional developmental well drilled from the existing platform, has been completed and put on production at a rate of 9 Mmcfe per day.

Magnum Hunter owns a 30% working interest in this new well. Total production from this property complex is now approximately 2000 barrels of oil and 13.5 Mmcfe per day.
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Brent Crude Oil : $55.23/BBL 0.46%
Light Crude Oil : $52.75/BBL 0.62%
Natural Gas : $3.24/MMBtu 1.25%
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