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Magnum Hunter Chief Welcomes W.Va. Cracker

By Casey Junkins

The Intelligencer/Wheeling News-Register

PITTSBURGH – The CEO of a company with active Marcellus and Utica shale operations in Monroe, Washington, Wetzel, Tyler and Pleasants counties said having an ethane cracker in nearby Parkersburg would be “phenomenal.”

“Ethane is something that we are going to have to deal with, particularly as we get more wells on line,” said Gary Hunter, chairman and CEO of Houston, Texas-based Magnum Hunter Resources, during a conversation following his Friday speech at the DUG East conference. “Having a cracker in our own backyard would be great.”

On Thursday, West Virginia Gov. Earl Ray Tomblin said Odebrecht plans to build one of these petrochemical plants near Parkersburg. Though Evans said it takes “a long time” to build a cracker plant, he said having such a facility near his drilling operations would be helpful.

Magnum Hunter is the parent company of Triad Hunter, which drills and fracks wells and Eureka Hunter, which transports natural gas via pipelines. Evans is also chairman and CEO of the technically separate GreenHunter Water company, which is in the midst of building its frack water recycling plant in the Warwood section of Wheeling.

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