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Magnolia Pet Share Chat (MAGP)



Share Price: 0.17Bid: 0.15Ask: 0.19Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.04Spread as %: 26.67%Open: 0.17High: 0.17Low: 0.17Yesterday’s Close: 0.17


Share Discussion for Magnolia Pet


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boak
Posts: 3,131
Observation
Opinion:No Opinion
Price:0.17
Shale Producers outperform
Fri 19:38
 
MrEnglish
Posts: 964
Observation
Opinion:No Opinion
Price:0.17
SP
Fri 18:49
It makes little sense to me... from looking at the trades over the last few days (since the results - aka from the 28th June) I woulds say that there has been a majority of sells yet the paid ask appears to have crept up from 0.175 to 0.185.

Lack of liquidity in the market as 'we' now hold all the shares... Shorts being closed... My imagination... Thoughts...

-----------------------------
One slightly worrying statement from the results was "WTI averaging US$48.66 per barrel over the course of the year".

Given that is where we are now its going to have to increase a few dollars more in order to see better revenues over the next 12 months.
boak
Posts: 3,131
Observation
Opinion:No Opinion
Price:0.17
Mentions CLR and Marathon
Fri 10:23
jr71
Posts: 954
Off Topic
Opinion:No Opinion
Price:0.17
RE: Is there more than one Magnolia
Fri 09:54
http://www.ogj.com/articles/2016/06/magnolia-petroleum-acquires-assets-from-famcor-oil.html

When you click on the magnolia petroleum company in the above article it does take you to Magp website.
2 different companies though.
smidsy
Posts: 4,875
Off Topic
Opinion:No Opinion
Price:0.17
Is there more than one Magnolia
Fri 09:25
Hi dogger,
If you google Magnolia and Burnett you get dozens of sites with Magnolia a Houston based company.
Maybe an email to Rita or Stephen would clear this up.
dogger
Posts: 72
Off Topic
Opinion:No Opinion
Price:0.17
Is there more than one Magnolia
Fri 09:13
Dallas-based Magnolia Petroleum Company, a partnership of Burnett Petroleum Company and private equity firm CIC Partners, has acquired all assets of Houston-based E&P (exploration and production) company Famcor Oil, Inc.

Magnolia was formed in 2012 to acquire Gulf Coast properties. With the deal, Magnolia will acquire 70 operated wells in San Jacinto, Liberty, Montgomery and Polk counties. Arcadia Operating, LLC, an independent company headquartered in Dallas, acquired minority interest and will oversee all operations.

Famcor’s assets “align well with [Magnolia Petroleum’s] existent scope of operations and holdings in the region and represent a step towards the significant growth that [they] hope to achieve in the following months,” Kyle Burnett, CEO and president of Magnolia Petroleum Company, stated in a release.

Burnett said Magnolia and Burnett have future plans to acquire more quality assets located in the U.S. Lower 48 and expand their operating footprints within their areas of focus.

Magnolia declined to disclose the monetary amount of the acquisition.
jr71
Posts: 954
Off Topic
Opinion:No Opinion
Price:0.17
RE: Holiday time is here
Fri 08:21
Morning GD.

Could do with Robsky getting sympson wells info and let baby doji sleep.
Guidedog7
Posts: 615
Off Topic
Opinion:No Opinion
Price:0.17
Holiday time is here
Fri 08:12
BIG holiday weekend now so don't expect anything to happen today / Monday :

So Robsky you will have to hold the baby doji over the weekend and watch http://www.bbc.co.uk/cbeebies

http://www.nhregister.com/lifestyle/20160630/5-fun-facts-as-connecticut-celebrates-july-4-independence-day
smidsy
Posts: 4,875
Off Topic
Opinion:No Opinion
Price:0.17
Guidedog
Thu 15:25
you'r never Billy no mates on this Board mate. But if you find the loneliness a bit overbearing give me a shout I'm never far away.
The AGM is due next month and maybe we will get a couple of RNS's giving us an update on where we are.
It's not like Rita to keep us in the dark, although they are probably saving on the costs of the RNS reports.




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