28 Jul 2015 11:20![ShareCast](https://static.lse.co.uk/images/news-logos/sharecast-news-logo.png)
![ShareCast](https://static.lse.co.uk/images/news-logos/sharecast-news-logo.png)
Magnolia Petroleum tanks after plugging Oklahoma well
(ShareCast News) - Shares in Magnolia Petroleum took a dive on Tuesday morning as the oil explorer plugged a well in Oklahoma due to high levels of salt water. The AIM-listed company said the Shimanek #2 vertical well encountered hydrocarbons but decided to plug well due to high costs of disposing o
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