Utica 'potentially the best shale play in the U.S.,' Houston company says

Magnum Hunter Resources Corp. is calling the Utica shale region “potentially the best shale play in the U.S.” The Houston-based company (NYSE: MHR), last seen  tapping both Utica and Marcellus shale from the same well pad in eastern Ohio, said this year that it “ expects to significantly increase reserves in the Utica shale,” where it owns more than 97,000 acres, primarily as a result of  selling its Eagle Ford assets in Texas to focus on Ohio, Pennsylvania and West Virginia. A new report… Reported by bizjournals 2 hours ago.