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Magnolia Pet Share Chat (MAGP)



Share Price: 4.44Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.00Spread as %: 0.00%Open: 4.44High: 0.00Low: 0.00Yesterday’s Close: 4.44


Share Discussion for Magnolia Pet


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Guidedog7
Posts: 1,357
Off Topic
Opinion:No Opinion
Price:4.44
Positive all round
Today 07:34
 
Guidedog7
Posts: 1,357
Off Topic
Opinion:No Opinion
Price:4.44
Return of $100 Crude! Maybe ???
Today 06:43
Guidedog7
Posts: 1,357
Question
Opinion:No Opinion
Price:4.44
USA pumping more oil ???
Fri 15:39
Is there hope for us yet as the tumbleweed passes by this desolate landscape ??

Rita will Q4 results be out next week ?????

http://money.cnn.com/2018/01/19/investing/us-biggest-crude-oil-producer-iea/index.html
Guidedog7
Posts: 1,357
Observation
Opinion:No Opinion
Price:4.44
Oil prices sink 1%
Fri 07:23
https://www.marketwatch.com/story/oil-prices-sink-1-head-for-biggest-weekly-loss-since-oct-2018-01-19

Rita are you having problems working out Q4 numbers or will you let us know on MONDAY perhaps?????
Guidedog7
Posts: 1,357
Off Topic
Opinion:No Opinion
Price:4.44
Oil prices gave away early gains
Wed 07:35
Robsky
Posts: 4,563
Off Topic
Opinion:Hold
Price:4.44
RE: RNS and GD7 post
Tue 15:23
Afternoon Smidsy I am still of the opinion that the selling off of the Symson wells was a mistake I know we made a profit of circa 60k over the time we waited for them to be completed but those wells are now producing 3,145BOEper well circa 41,701BOE over 24 hours 11% oil over the project not sure how that would have reflected the reserves but my feeling is that the deal was compromised over the WED deal, it seems to me that the deal with WED is a restrictive factor on where we can participate IMHO.

10-well pattern 2-mile density
£ Oklahoma record producing density unit
£ 41,701 Boe (11% oil) - combined peak 24-
hour rate
£ 3,145 Boe per well (11% oil) - child well
average 24-hour IP (12 wells)
£ Laterals range from 3,050£ to 10,270£

http://investors.clr.com/phoenix.zhtml?c=197380&p=irol-presentations
smidsy
Posts: 5,454
Off Topic
Opinion:No Opinion
Price:4.44
View Thread (2)
RNS and GD7 post
Tue 11:50
Having recently received the first US$500,000 tranche of the WED Agreement, we are currently deploying these funds into new leases and wells which, as well as generating fees for Mget itagnolia, will also provide us with a free carry on the first wells drilled. As a result, I am confident that going forward the value of our PDP reserves will rise significantly, and I look forward to providing updates on our progress.£

Anyone have a problem with this statement? After the fiasco with the Worlds oil supplies and crazy prices I consider that MAGP has now got its act together. Rita and Co. against all the odds put by SOS and NTOG are now giving me some confidence and although I expect that the 'end of the tunnel' is still many moons away I am a lot happier than I was twelve months ago.
I await the next operations report and suggest that it will give us some 'cheer'.
That's my take on it, forever the guy who's glass is half full. Iv'e waited five years so far and a little longer won't hurt.

DYOR.
smidsy
Posts: 5,454
Off Topic
Opinion:No Opinion
Price:4.44
RNS
Tue 08:13
Morning maggots and you too GD7

I will hold my comments until I have read the Operations update due out anytime soon. So GD7 no CD's until we see the report. :-))
buzzlightyear4
Posts: 6,701
Off Topic
Opinion:No Opinion
Price:4.44
hopefully now we will see....
Tue 07:55
a nice move in the SP back to 10p to start.....

GLA




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