Magnum Hunter Resources is acquiring approximately 51,500 net Appalachian Basin mineral acres located in West Virginia and Ohio.

• This acreage position includes approximately 27,000 net acres in the liquids-rich Marcellus Shale, of which 19,000 are located in Ritchie County, West Virginia and 8,000 are located in Washington and Monroe Counties, Ohio.
• Management has identified 105 gross drilling locations on the Virco acreage which is broken down as follows:
  • 74 Marcellus drilling locations
  • 31 Utica drilling locations
  • Upon the financial closing of this transaction, the Company will have over 85,500 net acres in the liquids-rich Marcellus Shale and 81,800 net acres located within the Utica Shale.

Joseph F. Barone
President,
ShaleDirectories.com
610.764.1232

www.shaledirectories.com