|More than a few people, locally, AWA on Silicon Investor have been wondering what happened to the valuable acreage and production weak hand Magnum Hunter after it went bankrupt from over leveraging those assets with too much debt. |
As always, the assets aren't affected. They simply move from weak to strong hands. In this case:
Blue Ridge Mountain Resources.
(Disclaimer: Don't own mineral interests underlying any BRMR producing or non-producing leases. Their holdings are located west and northwest of what we have.)