Magnolia Petroleum


All posts for Magnolia Petroleum

Magnolia Petroleum Acquires New Leases in Oklahoma as Part of USD18.5mn Capital Management Agreement

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, is pleased to provide an update on the ongoing investment of the first US$500,000 tranche of capital it has received as part of its exclusive US$18.5 million capital management agreement with Western E ...

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Posted 3 months agoPress > Magnolia PetroleumUnited StatesAcoustic +3

Magnolia Petroleum: Updated Oil and Gas Reserves Report for Producing US Onshore Wells Highlights Significant Asset Backing

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, announces the results of an independent Reserves Report (‘the Report') as part of the six-month bank debt redetermination process. The Report covers the Company's net proved developed producing ...

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Posted 4 months agoPress > Magnolia PetroleumUSUnited States +3

Magnolia Petroleum: Better Than Expected Production From Three New US Onshore Wells

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, is pleased to provide a production update for three new wells that have recently come online and are now producing from the Mississippi Lime formation in the prolific STACK (‘Sooner Trend Anadarko (bas ...

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Posted 4 months agoPress > United StatesUSonshore +4

Magnolia Petroleum Participating in Three SandRidge Energy Operated Wells in Oklahoma

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, is pleased to announce that it has received notice from SandRidge Energy, the operator of the Gilchrist 2016 1-36H well (‘Gilchrist') in Oklahoma, that three additional increased density wells are to ...

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Posted 4 months agoPress > Magnolia PetroleumSandRidge EnergyOklahoma +3

Magnolia Petroleum's Gilchrist Well IP Rates 35% Higher Than Expected

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company is pleased to announce that the Initial Production (‘IP') rates for the Gilchrist 2016 1-36H well (‘Gilchrist' or ‘the Well') in Oklahoma significantly exceed the Company's projections, producing 652 B ...

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Posted 5 months agoPress > AIMOklahomaUnited States +4

Magnolia Petroleum: Set To Earn Fees And Interests In New US Onshore Wells After First $500,000 of $18.5M Capital Management Agreement Received

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, is pleased to announce Western Energy Development LLC (‘WED') has received the first US$500,000 tranche of capital as part of its exclusive US$18.5 million capital management agreement with Magnolia.  ...

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Posted 5 months agoPress > Magnolia PetroleumonshoreUnited States +3

Magnolia Petroleum: Set to Increase Stake in US Onshore Well as Part of US Immigrant Investor Program Deal

Gilchrist Well Update, Oklahoma Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company is pleased to announce an update on the Gilchrist 2016 1-36H well (‘Gilchrist' or ‘the Well') in Oklahoma in which Magnolia has a carried working interest through its ...

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Posted 6 months agoPress > United StatesOklahomaMagnolia Petroleum +2

Magnolia Petroleum - Updated Reserve Report

Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is pleased to announce the results of an independent Reserves Report.  The Report, which is part of the six-month bank debt redetermination process, shows an increase in the Company's net prove ...

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Posted 1 year agoPress > Magnolia PetroleumAIMReserves