Magnolia Petroleum Share News (MAGP)

Magnolia Petroleum Starts Production At Two Wells In Oklahoma

LONDON (Alliance News) - Magnolia Petroleum PLC Thursday said it has commenced production at two wells and increased its working and net interest in another in Oklahoma. The US-focused onshore oil and gas production company, which takes small stakes in multiple wells in highly prospective

Magnolia Petroleum Participates In Four New North Dakota Wells

LONDON (Alliance News) - Magnolia Petroleum PLC Monday said it is participating in four new wells in North Dakota at a net cost of USD220,072. The US-focused onshore oil and gas production company, which takes small stakes in multiple wells in highly prospective shale plays, said the sites

Magnolia Petroleum Sites Begin Producing, Participates In Further Two Wells

SThree Asian Pacific director sells 74,176 shares

- Asia Pacific director sells 74,176 shares - Awarded as consideration for purchase of minority interests The Managing Director of SThree's Asia Pacific arm, Justin Hughes, this week sold off £264,808-worth of shares in the staffing business, which specialises in the IT sector. Hughes disposed

Magnolia Petroleum Says Operators Begin Drilling Four New Sites, Secures Credit Facility

Magnolia Petroleum revenues surge in the first half

Magnolia Petroleum's first-half revenues jumped by more than 200 per cent and the pace of increase is increasing, the oil and gas company said. Revenues increased by 223% to $910,721 (£580,188) in the six months to June 30th and were 27% up on the full year for 2012, the company said in a statement

Magnolia Petroleum ramps up production in Mid-west US

Magnolia Petroleum has reported increases in production and the value of its assets as it seeks to build rapidly in oil-rich US regions. The AIM-listed oil and gas company said net production had increased by 75% to 214 barrels of oil equivalent per day at August 1st from the start of the year, wit

Magnolia Petroleum Net Daily Production Increases By 75%

Magnolia Petroleum Adds 4 New Well Interests, To Exceed Annual Target

Magnolia Petroleum works on four new wells

Magnolia Petroleum said it was participating in four new wells in Oklahoma as it builds production on its leases in the US. The oil and gas company said it was working with established operators such as Devon Energy at the wells and that the aggregate net cost of participation was $153,444 (£98,323

Magnolia Petroleum announces excellent initial production from Bakken well

AIM listed U.S. onshore oil and gas producer Magnolia Petroleum has today announced the start of production at two wells, the first of the Jake wells targeting the Bakken, North Dakota, shale formation and the Sympson 1-6H well in Woodford, Oklahoma. The outfit highlighted the fact that the initial

Magnolia Petroleum adds production with new wells

Magnolia Petroleum's shares rose on Friday after reporting an initial production rate from the Marathon Oil-operated Hegleson well of 1,401 barrels of oil per day (bopd). The well is located in the Bakken Formation, North Dakota, in which Magnolia holds a 4.071% net revenue interest. The group al

Magnolia advances on strong production levels at Gustafson Well

Shares in Magnolia Petroleum, the AIM-listed US onshore focused oil and gas exploration and production company, rose on Friday after the company reported strong initial production at the Gustafson Well in the Bakken formation, North Dakota. An initial production rate of 1,216 barrels of oil equiva

Magnolia Petroleum participates in three new wells

AIM-listed US onshore-focused oil and gas company Magnolia Petroleum has reported its participation in three new wells in Oklahoma including a Mississippi Lime formation well in which Magnolia has a 10 per cent working interest. Magnolia Petroleum said that this was in line with the company's stra