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Magnolia Pet Share Chat (MAGP)



Share Price: 0.675Bid: 0.65Ask: 0.70Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.05Spread as %: 7.69%Open: 0.65High: 0.675Low: 0.65Yesterday’s Close: 0.675


Share Discussion for Magnolia Pet (MAGP)


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Aim_Oilman2
Posts: 393
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: ..
21 Oct '14
Good spot JR! , that brings up to c.1.8M US for services for the year.
 
foggy100
Posts: 1,352
Off Topic
Opinion:No Opinion
Price:1.08
jr71
21 Oct '14
Thank you, a useful source of income from NAPP
Gavin Burnell is a common director with Magnolia Petroleum Plc. During the
period, Magnolia Petroleum Plc charged the company license and exploration
expenditure totalling £513,016. No amounts were outstanding at the balance
sheet date.
jr71
Posts: 550
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: ..
21 Oct '14
maybethistime
Posts: 108
Off Topic
Opinion:No Opinion
Price:1.08
Robsky
21 Oct '14
It's a bit of fun to play with numbers and to make projections. Also, it helps to keep our ageing brain cells active. :-) But we can only ever come up a "ball park figure" and we also have to contend with the (unknown) decline rates.

Always interesting to see what your research throws up, though. Not forgetting Baks' contributions.
jr71
Posts: 550
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: ..
21 Oct '14
Off the top of my head there is a payment to magp listed in either interim or final results. I think it was half a mill.
foggy100
Posts: 1,352
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
..
21 Oct '14
Shouldn't we be receiving income from NAPP by now ? Did they not have an agreement with MAGS ?
jr71
Posts: 550
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (3)
RE: good evening
21 Oct '14
Could be wrong on my last post , looking back at Napp rns I think it was the skinner formation I was checking out a few weeks ago but still think there was mention of a workover on a well targeting springer.
jr71
Posts: 550
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (3)
RE: good evening
21 Oct '14
Baks. I'm sure you are already aware that NCT / Napp have a few wells targeting the springer formation. I was trying to find how far the formation stretched but geology not a strong point.
Robsky
Posts: 3,357
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: Daily oil production
21 Oct '14
evening baks have noted some not to shabby woodford well results look forward to more preferably ours.

Maybethistime ,
I wonder if given the average Devon / Oklahoma well production x 3.2% x 19 might give a projected boed to add to our existing known boed Hmmmm numbers the mind boggles lol.
maybethistime
Posts: 108
Off Topic
Opinion:No Opinion
Price:1.08
View Thread (4)
RE: Daily oil production
21 Oct '14
Yeah, it's good to see that Rita is being frugal in regard to unnecessary expenses.

That is a big amount invested so far this year, Robsky. Looks like we have plenty to look forward to.

Geez, I have nothing left, at present, to add some more. The price is surely baffling, in light of the recent confirmation of the low production costs as well as the substantial consultancy fee which was added to our investment fund.





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