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Ohio Utica Shale

New drilling rig acquired by Alpha Hunter for southeast Ohio

By Bob Downing Published: June 11, 2013

From Magnum Hunter Resources last week::

HOUSTON, TX -- (Marketwired) -- 05/07/13 -- Magnum Hunter Resources Corporation (NYSE: MHR) (NYSE MKT: MHR.PRC) (NYSE MKT: MHR.PRD) (NYSE MKT: MHR.PRE) (the "Company") announced today that the Company's wholly-owned subsidiary, Alpha Hunter Drilling, LLC ("Alpha Hunter") has taken possession of a new Schramm T500XD robotic drilling rig. The Company plans to utilize the Schramm T500XD drilling rig to drill exclusively Company owned wells planned in the Utica formation located in Southeastern Ohio for the next three years. With the addition of this new drilling rig, Alpha Hunter's fleet has now grown to five rigs.

Unlike traditional drilling rigs which are on rails and only allow movement from left to right or front to back, the T500XD has a walking subbase which lifts the entire rig six inches above the ground allowing the rig to turn and rotate. The rig can walk at a pace of 30 feet per hour and move a full 360 degrees. The T500XD implements the Load Safe XD automated pipe handling system, which racks drill pipe horizontally for easy loading and offloading, dramatically improving operator safety. The T500XD is capable of drilling up to a total depth of approximately 19,000 feet, offers best in class 35,000 foot-pounds of top head torque, third party directional steering interface and 80,000 pounds of hydraulic pulldown capacity. These characteristics provide the Company with maximum flexibility to utilize the drilling rig in a number of different shale plays actively being drilled in the U.S.

Magnum Hunter Management Comments

Mr. Gary C. Evans, Chairman of the Board and Chief Executive Officer of Magnum Hunter, commented, "We have been working with Schramm for over six months on the design, scope and ultimate implementation of this state-of-the-art drilling rig. The T500XD is scheduled to spud its first well for Magnum Hunter on June 1, 2013. Operating in the Appalachian Basin typically requires a drilling rig with fewer truck loads and maximum flexibility to meet the difficult terrain conditions prevalent in this region. Pad drilling is also the wave of the future in the shale plays in order to properly exploit leasehold positions. We have recently constructed one pad site in Ohio that can handle up to 16 new drilling locations, eight in the Marcellus and eight in the Utica. With a significant lease acreage position continuing to build in both the Marcellus and Utica Formations which now exceeds 150,000 net acres, we have plans for many years of future drilling opportunities."



See the most recent drilling report and an injection wells map From
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Utica and Marcellus shale web sites

Ohio Department of Natural Resources' Division of Oil and Gas Resources Management State agency Web site.

ODNR Division of Oil and Gas Resources Management. State drilling permits. List is updated weekly.

ODNR Division of Geological Survey.

Ohio Environmental Protection Agency.

Ohio State University Extension.

Ohio Farm Bureau.

Ohio Oil and Gas Association, a Granville-based group that represents 1,500 Ohio energy-related companies.

Ohio Oil & Gas Energy Education Program.

Energy In Depth, a trade group.

Marcellus and Utica Shale Resource Center by Ohio law firm Bricker & Eckler.

Utica Shale, a compilation of Utica shale activities.

Landman Report Card, a site that looks at companies involved in gas and oil leases.FracFocus, a compilation of chemicals used in fracking individual wells as reported voluntarily by some drillers.

Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.

Rig Count Interactive Map by Baker Hughes, an energy services company.

Shale Sheet Fracking, a Youngstown Vindicator blog.

National Geographic's The Great Shale Rush.

The Ohio Environmental Council, a statewide eco-group based in Columbus.

Buckeye Forest Council.

Earthjustice, a national eco-group.

Stop Fracking Ohio.

People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.

Concerned Citizens of Medina County, a grass-roots group.

No Frack Ohio, a Columbus-based grass-roots group.

Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.

Penn State Marcellus Center.

Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.

Allegheny Front, environmental public radio for Western Pennsylvania.