Magnum Hunter Resources (MHR) +5.2% premarket after announcing a joint operating agreement with...

|About: Magnum Hunter Resources Corp. (MHRCQ)|By:, SA News Editor

Magnum Hunter Resources (MHR) +5.2% premarket after announcing a joint operating agreement with privately-held Eclipse Resources covering an existing mineral leasehold position owned by both companies in the Marcellus and Utica shale formations in Ohio. MHR says each company will own ~47% working interest under the agreement.