Magnolia Petroleum Share News (MAGP)
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MAGPWed, 22nd May 2013 09:37
Magnolia Petroleum, the AIM-listed US onshore focused oil and gas exploration and production company, has commenced production at its well in the Mississippi Lime Formation in Oklahoma. In an operational update issued on Wednesday, Magnolia Petroleum reported that following the fracture stimulation
Read moreMagnolia Petroleum has invested in 11 new oil wells in the US at a net cost of 1.4m dollars. The company is participating in four wells in Dakota and seven wells in Oklahoma. Production has commenced on three wells in the Mississippi Lime formation in Oklahoma. They include the Wolf 1H-25, Nighsw
Read moreMagnolia Petroleum, the AIM-listed onshore focused oil and gas exploration and production company, has reported an increase in the number of wells it has a stake in. In an operational update issued on Thursday, the company reported that it had commenced production at its Peck 1-5H well in the Missi
Read moreAIM-listed oil and gas exploration and production company Magnolia Petroleum has published a quarterly update indicating a highly active first three months of the year. The company reported having an interest in 96 producing wells as at end of the first quarter of 2013 and a current total of 104 pr
Read moreAIM-listed US onshore oil and gas exploration company Magnolia Petroleum has reported above expectation initial production rates for three wells. The net initial production rate (IPR) for well BB Rice no.2 in the Bakken, North Dakota formation was 1.81 barrels of oil equivalent per day. In the BB
Read moreInitial production rates of Magnolia Petroleum's Campbell well exceeded expectations, boding well for future drilling activity within the Campbell unit and surrounding acreage where Magnolia has varying interests, an operational update has shown. As the Campbell well is now producing, AIM-listed M
Read moreMagnolia Petroleum's shares surged Monday after the oil and gas company said initial production rates from its US onshore wells exceeded expectations. The company reported robust results from four of its wells at formations including Bakken in North Dakota, Woodford in Oklahoma and Cotton Valley in
Read moreOnshore focused oil and gas exploration company Magnolia Petroleum has unveiled an operational update showing that fracture stimulation is expected to commence shortly after next week at the Roger Swartz well 1. Since drilling and testing of the well, which is operated by Magnolia Petroleum, in Dec
Read moreAIM-quoted US-focused onshore oil and gas exploration company Magnolia Petroleum has published an operational update reporting that drilling has commenced at another of its North Dakota wells. The company reported that its Helgeson 41-30H well, operated by Marathon Oil, had commenced drilling on Fe
Read moreDr Ajay Agrawal, Non-Executive Director of ImmuPharma, sold a stack of shares in the AIM-listed drug company, it was announced Monday. Agrawal traded in 62,169 shares at 57p a time on January 24th, pocketing £35,436 before tax. The deal was announced the same day the group said its key scientific
Read moreThe share price for AIM-listed US onshore oil and gas exploration company Magnolia Petroleum rose slightly on Monday following an announcement of director's dealings. The Chief Executive Officer and two non-executive directors purchased £14,500, £24,650 and £5,800 worth of shares respectively worth
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