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Magnolia Pet Share Chat (MAGP)



Share Price: 0.585Bid: 0.57Ask: 0.60Change: 0.00 (0.00%)No Movement on Magnolia Pet
Spread: 0.03Spread as %: 5.26%Open: 0.585High: 0.585Low: 0.585Yesterday’s Close: 0.585


Share Discussion for Magnolia Pet (MAGP)


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jr71
Posts: 600
Off Topic
Opinion:No Opinion
Price:1.13
View Thread (5)
RE: Evening all
1 Nov '14
That was meant to read, didn't think you worked weekends.......

BigC, I knew you were a fan...
 
jr71
Posts: 600
Off Topic
Opinion:No Opinion
Price:1.13
View Thread (5)
Evening all
1 Nov '14
Good find Robsky, did think you worked weekends. Lol

Think I menioned Newfield previously and see they are included in your article. Have checked back through some of the quarterly updates and see we do have an association with them for a few minor interests( July 2013).

http://www.newfield.com/assets/pdf/MidContinent.pdf

http://www.magnoliapetroleum.com/index.php/operations/woodfordhunton-formation/woodfordhunton-formation
BigCOJONES
Posts: 1,647
Observation
Opinion:Strong Buy
Price:1.13
Robsky
1 Nov '14
I second Trytimes comments. Can't say anymore as otherwise could be accused of not concentrating enough on " strictly"
BigC
Trytime
Posts: 235
Off Topic
Opinion:Strong Buy
Price:1.13
Robsky
1 Nov '14
I echo BW's comments, yourself and Bakoven's research here is invaluable and much appreciated by all of of us, please keep up the great work.
Robsky
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:1.13
View Thread (2)
RE: Robsky....
1 Nov '14
Cheers BW nice to be appreciated there is another "SCOOP" for you to read lol.
Robsky
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:1.13
Stacked Play ?
1 Nov '14
SCOOP Gets Another "Spring" In Its Step

“The Springer shale is exciting in that it shows that south-central Oklahoma province is showing signs of stacked pay potential,”

Last month, Continental Resources announced an oil discovery located in the heart of the South Central Oklahoma Oil Province (SCOOP)- the Springer shale

The four newest wells were drilled to an average vertical depth of approximately 12,625 feet and average total measured depth of approximately 17,650 feet.

The four new wells are situated in Grady County, Oklahoma. They include:

• The Nancy J 1-28H well with and initial 24-hour production test rate of 1,815 Boe, with 79% of the initial production being crude oil.
• The AC Walters 1-27H well with an initial 24-hour test rate of 1,630 Boe, of which 78% was crude oil.
• The Schoof 1-17H with an initial 24-hour production of 1,465 Boe, of which 74% was crude oil.
• The Ince 1-21H with an initial 24-hour production test rate of 1,037 Boe, of which 86% was crude oil.

Continental said it had 11 producing wells in the Springer Shale’s oil fairway, with an average 24-hour initial production (IP) rate of 1,140 barrels of oil equivalent per day (boepd) and an average 30-day IP of 700 boepd

Continental is now the number one leaseholder in the SCOOP in both oil and condensate fairways, and is implementing ongoing leasing and acquisition initiatives

Magnolia Petroleum have a 0.56 NRI interest in the Green Acres 1-36H operated by Continental in Grady Co ref; 35.036800 -97.680000. producing from the Woodford formation IPR 321BOED which lies below the “Springer” formation located within 37minute drive of the Continental "Springer " wells which bodes well for future development .

Nancy J 1-28H 35.042953 -97.828031
AC Walters 1-27H 35.044722 -97.826944
Schoof 1-17H 35.073607 -97.847300

Related read:
http://oilpro.com/post/8034/most-productive-play-oklahoma-gets-another-spring-its-step

http://www.rigzone.com/news/oil_gas/a/135312/WoodMac_Sees_Promise_Challenges_in_Springer_Shale/?pgNum=0
BarrenWuffett
Posts: 1,405
Observation
Opinion:Strong Buy
Price:1.13
View Thread (2)
Robsky....
1 Nov '14
.....aye. Still here and will be until the ink is dry on the contract of sale. Every confidence in this BOD to ultimately deliver. Keep up the good work mate. Your energy and enthusiasm on here is admirable.
Robsky
Posts: 3,414
Off Topic
Opinion:No Opinion
Price:1.13
Compo
1 Nov '14
Well done all, 39 Maggie shareholders have come out of the woodwork, amazing how the old crew can rise to the occasion of a good old compo, BW still holding in there Sir(economic with your guess lol) and Chris back in ?.......
Ste69 welcome aboard.

There are still a few long lost maggots to come where are you ?

Os hopefully Frank will see the benefit of the publicity, we now have the potential of a tie lol.

End of year MAGP total boepd competition, guesses so far ;)

Reallyrich 520
Elin 511
Robsky 500
Sundayroast 500
Spike7sfc 493
Doberman 485
smidsy 480
discopablo 475
phil14 470
daggers1 460
Myallo 455
GandT 452
maybethistime 444
Slipperyslope 440
Gardyne 435
RICH3R 425
Carlisle38 420
Weescvottishpete 420
Chrisatron 418
L1onheart 417
Lindi 22 411
Trytime 410
Dogger 407
BarrenWuffet 402
Poacher886 400
Oleseadog 396
Drew57 390
Stisbury2405 384
Ste69 382
jr71 380
Zarquon 379
Bergspyder 373
Midus 350
APry01 347
Bororay 335
foggy100 315
Aim_Oilman2 300
Gorgeousgeorge 300
MrEnglish 292
Ste69
Posts: 3
Off Topic
Opinion:No Opinion
Price:1.13
View Thread (2)
RE: Compo
1 Nov '14
Put me down for 382 please.
BarrenWuffett
Posts: 1,405
Observation
Opinion:Strong Buy
Price:1.13
View Thread (2)
Compo
1 Nov '14
Without doubt 402 boepd is possible.





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