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Blue Ridge Mountain Resources, Inc.

Company Summary

Description

Formerly known as Magnum Hunter Resources, Blue Ridge Mountain Resources, Inc. and subsidiaries are an Irving, Texas based independent exploration and production company engaged in the acquisition, development and production of natural gas, natural gas liquids and crude oil, primarily in the states of West Virginia and Ohio. The Company is presently active in two of the most prolific unconventional shale resource plays in North America, the Marcellus Shale and Utica Shale located in Northwest West Virginia and Southeast Ohio.

Website

http://brmresources.com/

Operational Regions

  • Utica
  • Marcellus Shale

Financial Data:

NYSE:MHR from Google Finance

Tickers:

  • MHR - New York Stock Exchange

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Recent news

Investor Presentations

Company Transactions

Date: 3/30/2019
Type: Merger

DETAILS:

COST: 1.4 $B

VOLUMES: 122 Mmcfe/d

ACRES: 99000 Acres

REGIONS:
  • Utica
  • Date: 4/1/2018
    Type: Joint Venture

    DETAILS:

    COST: 56 $MM

    ACRES: 21000 Acres

    NOTES:
    Blue Ridge Mountain Resources has entered into a purchase and sale agreement with a buyer to sell a 40% non-operated working interest in the Utica and Marcellus Shale.
    REGIONS:
  • Utica
  • Marcellus Shale
  • Date: 5/15/2017
    Type: Acquisition

    DETAILS:

    COST: 34.7 $MM

    VOLUMES: 1.5 MBOE/d

    ACRES: 45000 Acres

    REGIONS:
  • Bakken
  • Date: 12/31/2016
    Type: Acquisition

    NOTES:
    Magnum Hunter Resources Corporation has divested of its subsidiaries (Alpha Hunter Drilling) shallow well contract drilling rig service business to retire debt and to raise proceeds for general corporate purposes.