Magnum Hunter Resources Corp. posted a 51% increase in estimated total proved reserves as of June 30 compared to the year-ago period, the shale-focused producer said.
Unrisked
Articles from Unrisked
Talisman’s ’07 North American Exploration Budget Heavy on the Gas
Talisman Energy Inc. on Tuesday set aside C$2.2 billion for North American exploration and development spending in 2007, with more than 90% of the money for natural gas projects. More than half of the amount will be spent on Talisman’s four core gas plays: the Alberta Foothills, Edson, Bigstone/Wild River and Monkman. Another C$130 million is set aside for its U.S. Appalachian play, and C$30 million will be spent on exploring new deep gas plays in the western United States.
December 13, 2006