Murray Energy sells oil and gas acreage in eastern Ohio

Ohio-based Murray Energy Corp. has sold 5,900 acres in the state's Utica shale play to an undisclosed buyer for $63.6 million, reports Columbus Business First. The newspaper says the oil and natural gas acreage is in Belmont and Monroe counties in eastern Ohio. In a statement, Murray Energy CEO Bob Murray said the sale allows the company to focus on coal, its core business. For more, read the full story.