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Magnolia Pet Share Chat (MAGP)



Share Price: 0.70Bid: 0.65Ask: 0.75Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.10Spread as %: 15.38%Open: 0.70High: 0.00Low: 0.00Yesterday’s Close: 0.70


Share Discussion for Magnolia Pet (MAGP)


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jr71
Posts: 633
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (6)
RE: New leases
Fri 13:37
Oilmag has been in similar time to me I think which seems to be a long time but not as long as Maggie. Smidsy joined recently as per his earlier post.
Share price fell after Anglo Americian pulled out of a deal last minute compounded by the drop in iron ore price. Focus shifted to manganese which is a more stable market. Licence due as well as details of funding, (see rns). Manganese production will fund IO projects. Directors interests aligned with shareholders.
I think it has good short and long term prospects. See website for more details. Holding just over 3.5m
Sorry for off topic folks
 
Robsky
Posts: 3,462
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (6)
RE: New leases
Fri 12:59
We need it soon to get us moving we seem to be getting longer spells of no info, I suppose that comes with the state of the oil market and not a lot to report on.

It looks like the crew have migrated to FRX , surprised to see Smidsy and Oilmag over there..... are the prospects that good?
jr71
Posts: 633
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (6)
RE: New leases
Fri 12:52
Good article. Interesting to think Apache might be a takeover target. Wonder if Rita can get a consultancy fee on that one.......

Would be interesting to know what the total lease acreage is for the company at the moment. Seems to be a lot of accumulating going on.

Quarterly update due in April with financials after that should be interesting.
Robsky
Posts: 3,462
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (6)
RE: New leases
Fri 11:52
Good to see you jr,
yes been quite busy also, a sizeable stake in Lincoln leases being taken, no insight yet as to reasons, but read an interesting article yesterday regarding Apache reminded me in some ways of MAGP stock decline, well run, well financed etc etc lol. will look over on FRX

http://seekingalpha.com/article/3025616-apache-accumulate-energy-while-there-is-blood-in-the-streets
jr71
Posts: 633
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (6)
RE: New leases
Fri 10:46
Morning Robsky.
Hope alls well mate. Haven't been posting much lately. Busy with work so haven't been keeping up to date either. Over on Frx board this am.

Any insight into building a stake in Lincoln.
Robsky
Posts: 3,462
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (2)
RE: A well a day <86>
Fri 10:09
Morning all looks like another quiet day on MAGP, thanks for the wells STB

LOIS RUST 7-27-12 1H Alfalfa Co Ok map ref ; 36.840117 -98.525555

Louis#7-1WX Payne Co OK map ref ; 35.971389 -96.915000 ?

Louis 7-2MH Payne Co Ok map ref; 35.971389 -96.915000 17N 4E 1M

DYOR etc
SoonToBe
Posts: 110
Observation
Opinion:No Opinion
Price:0.70
A well a day <88>
Fri 08:32
Well Name: <Louis 7-2WX>
Pun Number: <Unknown>
Location: <Oklahoma>
Formation: <Mississippi Lime>
Operator: <Calyx>
NRI%: <0.449>
Net Cost: <Unknown>
Status: <Producing>
Initial Production Date: <Unknown>
Net IPR: <Unknown>
Latest Gross Production: <Unknown>
Comment: <Not production data available.>

Disclaimer:-
This information is correct to the best of my knowledge and is based on publicly available information. Any corrections or additional information will be gladly received
SoonToBe
Posts: 110
Observation
Opinion:No Opinion
Price:0.69
A well a day <87>
Thu 10:28
Well Name: <Louis 7-1WX>
Pun Number: <119-209695-0-0000>
Location: <Oklahoma>
Formation: <Mississippi Lime>
Operator: <Calyx>
NRI%: <0.12>
Net Cost: <Unknown>
Status: <Producing>
Initial Production Date: <15/07/2013>
Net IPR: <Unknown>
Latest Gross Production: <Sept 2014 to Nov 2014> <Oil: 12bo> <Gas: 12boe>
Comment: <J.A.P.W.>

Disclaimer:-
This information is correct to the best of my knowledge and is based on publicly available information. Any corrections or additional information will be gladly received
Robsky
Posts: 3,462
Off Topic
Opinion:No Opinion
Price:0.70
View Thread (6)
New leases
Wed 16:01
New leases granted today 25 march 2015

Mclaine Co 17 6N4W

Lincoln Co 13-16-5 additions to the Tipton lands MELISSA TIPTON
Lincoln Co 13-16-5 RUARK
Lincoln Co 13-16-5 Jerry A Tipton

We seem to have been building a position in Lincoln co for some time as previously highlighted by Baks and I
SoonToBe
Posts: 110
Observation
Opinion:No Opinion
Price:0.75
View Thread (2)
A well a day <86>
Wed 10:54
Well Name: <Lois Rust 7-27-12 1H>
Pun Number: <003-208287-0-0000>
Location: <Oklahoma>
Formation: <Mississippi Lime>
Operator: <Chesapeake Energy>
NRI%: <1.8678>
Net Cost: <85548>
Status: <Producing>
Initial Production Date: <11/06/2012>
Net IPR: <Unknown>
Latest Gross Production: <Sept 2014 to Nov 2014> <Oil: 108bo> <Gas: 364boe>
Comment: <Seems to have had production outages through 2014, no idea why. Looks OK when actually producing.>

Disclaimer:-
This information is correct to the best of my knowledge and is based on publicly available information. Any corrections or additional information will be gladly received





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