Magnum

Blue Ridge Mountain Resources Inc. (BRMR), formerly Magnum Hunter Resources, said late Thursday it is selling its ownership stake in Eureka Midstream LLC, which owns and operates a major natural gas gathering system that straddles Ohio and West Virginia.

FERC on Thursday granted Magnum Gas Storage LLC amendments to its certificate for natural gas storage facilities being developed in Utah, extending the timeline to complete the project and allowing wheeling service at market-based rates.

A developer is offering capacity in a new western region natural gas storage project at the same time projects in the Gulf Coast region — the traditional gas supply area — have struggled and storage capacity there has beenunderutilized.

Five months after it voluntarily filed for Chapter 11 protection, Magnum Hunter Resources Corp. has emerged from bankruptcy with new leadership after having ousting the former CEO and founder Gary Evans.

Five months after it voluntarily filed for Chapter 11 protection, Magnum Hunter Resources Corp. has emerged from bankruptcy with new leadership after having ousting the former CEO and founder Gary Evans.

A federal court has approved Magnum Hunter Resources Corp.’s reorganization plan, a critical step that brings it closer to emerging from Chapter 11 bankruptcy.

A federal court has approved Magnum Hunter Resources Corp.’s reorganization plan, a critical step that brings it closer to emerging from Chapter 11 bankruptcy.

In an ominous development for midstream companies, a federal bankruptcy court judge ruled in favor of Sabine Oil & Gas Corp. on Tuesday, allowing the distressed producer to terminate natural gas and condensate gathering agreements in the wake of low commodity prices.

Utah officials have reviewed proposed changes to Magnum Gas Storage LLC’s plans to construct, own and operate a natural gas storage facility and a major pipeline header system in western Utah, and the state supports the project, according to documents filed at FERC.