Register
Login:
Share:
Email Facebook Twitter

Share Views: The Cyber Security opportunity - What you need to know. Watch here

Share Views: The Cyber Security opportunity.
What you need to know.


Magnolia Pet Share Chat (MAGP)



Share Price: 0.11Bid: 0.10Ask: 0.12Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.02Spread as %: 20.00%Open: 0.11High: 0.11Low: 0.11Yesterday’s Close: 0.11


Share Discussion for Magnolia Pet


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


dogger
Posts: 81
Off Topic
Opinion:No Opinion
Price:0.11
Totally confused
Today 13:28
I got the following on my google alert this morning.....so which Magnolia Petroleum is this ??

Magnolia Petroleum Co., a Dallas-based partnership of Burnett Petroleum Co. and private-equity firm CIC Partners, has purchased the assets of Famcor Oil Inc., a Houston based oil and natural gas E&P.

The purchase includes 70 operated wells in San Jacinto, Liberty, Montgomery and Polk counties, Texas. The deal’s price was not disclosed.

As of March, Famcor had gross operated production of 1,057 barrels of oil equivalent per day (boe/d) of which 72% was oil. from multiple formations including the Cockfield, Yegua and Wilcox, according to TGS data. Two-thirds of the wells and more than half of the production are in Polk County.

Arcadia Operating LLC acquired a minority interest and will oversee all operations.

Magnolia Petroleum was formed in 2012 to acquire operated Gulf Coast properties. Burnett Petroleum and affiliates own stakes in 425 plus producing wells in Texas, Arkansas, Louisiana, New Mexico, Mississippi, and Oklahoma with plans in place to have an active Exploration and Development Program in Kansas.
 
discopablo
Posts: 2,510
Off Topic
Opinion:No Opinion
Price:0.11
Poo at 47.50
Today 13:14
I'm sure we're ticking along ok. Cash generative at least!
Guidedog7
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.11
RE: Oil falls towards $49
Today 12:00
Morning Robsky yep we are all becalmed just nothing moving. don't think there will be much change until Rita has spoken about the magic 10 if its still happening ??? Plus who will run the USA from November .

Obviously our fellow country me in Aberdeen have lost 90% + of production but I have seen a bit on the short fall of production will be coming! but that will not help us now ;-( . they only thing to say is yippee for IRV doubled money there since the vote and more to come hopefully :-0.

Anyway last week of school holidays down here is sunny Harwich so of to the beach as no more barnacles on the old girls bottom to scrap off.
Robsky
Posts: 4,170
Off Topic
Opinion:No Opinion
Price:0.11
RE: Oil falls towards $49
Today 11:18
Morning GD for the lack of anything else to post here is another oil article for you

What Hubbert And Pickens Got Right About Oil, And What's Next

When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50. T. Boone Pickens, among other oil pros, has predicted that oil can now go to $175 under certain conditions first described by Marion Hubbert. Bruce Pile explains what the non-geologist experts are missing, and tells us what he is waiting to see before committing capital to the best values in the energy sector.

Aramco is a state run company, meaning they run the government with their oil profit. They need $80 oil or they must cut government and risk unrest or dip into their cash reserves of $750 billion built from $100 oil. In the current price melt, they are burning that reserve at $6 billion a month. The Saudis are limited time-wise.

http://www.forbes.com/sites/kenkam/2016/08/29/what-hubbert-and-pickens-got-right-about-oil-and-whats-next/#53e0da7f6f52
Guidedog7
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.11
Oil falls towards $49
Mon 10:56
Guidedog7
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.11
oil rig count did not rise
Fri 20:06
Guidedog7
Posts: 669
Off Topic
Opinion:No Opinion
Price:0.11
U.S. Natural Gas Production
Thu 16:06
MrEnglish
Posts: 986
Observation
Opinion:No Opinion
Price:0.11
View Thread (4)
RE: Oil sinks 3%
Thu 06:44
Sadly I think they may have already told us what else has happened by way of a otherwise ridiculous dilution. A very big bunny now need to be pulled from a very small hat.
jr71
Posts: 1,069
Off Topic
Opinion:No Opinion
Price:0.11
OPEC
Thu 01:33
Guidedog7
Posts: 669
Observation
Opinion:No Opinion
Price:0.11
Oil sinks 3%
Wed 17:22
http://www.cnbc.com/2016/08/23/oil-prices-fall-on-us-crude-stocks-build-fears-over-china-demand.html

isdx trades
24/08/2016 15:36 1,000,000 0.1
24/08/2016 10:25 218,844 0.109

Definitely Marooned At Sea NO wind in the sails at all at the moment. what will we be doing in 3rd 4th quarter still waiting for the magic 10 results at this rate :(.

Has something else happened that BOD have not told us about yet !!!!




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.