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Text HighlightingHomeShare PricesShare ChatFinance NewsReuters NewsSharecast NewsRegulatory NewsProfessional News Spreads / CFDsShare TradingForexBlogsLive PricesShares BookshopFinance ToolsMembersPortfolioWatchlistPremium ServicesWhat’s NewUser SettingsFantasy Share GameLogout Howie Li from Canvas ETF discusses Cybersecurity Latest Share Chat WRN. More on johnjamessite today. HUR. Next stop 30.5- p ish unfortunately.. KIBO. thanks yes i aw that. does this .. HALO. Can buy £- 1k on halifaf at 2... M. GWMO is one of those shares that GWMO. too soon, even for a trader. PREM. THUNDERBIRDS re GO!!! STRAP O.. HALO. Its across th board - they aren'.. JLP. The share pric- e will drop. In oth.. GWMO. too soon. Home :: Regulatory News (RNS) :: Final Results & Notice of AGM Regulatory News Final Results & Notice of AGM Mon, 19th Jun 2017 08:35 Magnolia Petroleum Plc - Final Results & Notice of AGM PR Newswire London, June 19 Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas 19 June 2017 Magnolia Petroleum Plc (�Magnolia� or �the Company�) Final Results and Notice of AGM Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, announces�its final results for the year ended 31 December 2016. Overview Interests in 153 producing wells in proven US onshore formations (2015: 213) following:Commencement of production of 15 new wellsDivestment of producing wells with little or no economic valueElected to participate in eight new wells compared to 38 in 2015 as low oil prices reduced drilling activity across the US onshore sectorStrong pick-up in activity seen post period end with Magnolia electing to participate in 28 new wells due to recovery in sentiment and Company�s focus on prolific low cost plays such as the SCOOP and the STACK inOklahomaLong pipeline of new proposals including six low risk, high impact wells to the Bakken and Three Forks Sanish formations in North Dakota � on the same spacing unit as the Company�s best performing well, the Lazy DE 24-7HUpdated reserves report issued post period end included significant increase in Proven Developed Producing (�PDP�) reserves due to new wells commencing production:112% increase in total net PDP oil and condensate reserves to 282.686 Mbbl as at 1 January 2017 (1 July 2016: 133.31 Mbbl)303% increase in total net PDP gas reserves to 2,343.116 MMCF (1 July 2016: 580.67 MMcf)25% increase in the value (�NPV9�) of total net PDP reserves as at April 2017 to US$4,300,000 (1 July 2016:US$3,445,180)Board and management team strengthened following appointment of highly experienced petroleum engineerLeonard Wallace as a
Directors change. New approach. Presume sale of assets at knock down price and restart as tech company! There's no suggestion of NTOG shares.
Forgive me if I have the wrong end of the stick but Snead family llc has 93m or 5%. I'm under the impression this is a separate holding from the 210m SOS has transferred to NTOG. Am I wrong? Hope so ha!
Super! Good work. Make sure you vote. I've 30m for Rita.
Call your broker!
By my reckoning wag has about 5m. 428k per quarter since June 2015 (resigned feb 17 i think) and signed up for 2.8m on appointment in June 15. So let's say that's 140m against resolutions. 305m or so are bound to vote for them. Get voting!
So I've got the following : Rita 43.5m Ron 49.6m Len 19.6m Derec 13.2m Lanny 9.7m Not sure about the Hoff! Total 135.6m.
Oh crap - it's an ordinary resolution - do they only need 50% then?
Rita gets all of mine. Simple as that. But please let's all make sure we vote!!!!! I cannot emphasise that enough. Do not rely on others. Remember that SOS et al need 75% if the votes cast, not 75% of total shares. I apologise for teaching anybody to suck eggs here but how many have they got 15% or so? So let's call it 20%. That means we need 7% to stop him. 20/27 being 74%. 7% is roughly 150m shares. This should be achievable given Rita and other people mentioned in the RNS plus us lot!
SonsofG - no!
Wow!
<$43 !! Not ideal for the bank loan extension!
Which one Ophelia?
Mr E - 100% with you on that. I couldn't have put it better myself and is what I was trying to suggest in my 17.19. You don't start ripping into people unless you can offer a better solution. So far the silence is deafening. I would be amazed if we didn't have something like the document you suggest in your 22.54. I've been through this before and that's exactly what happened. All the best.
Agreed. Red til I die.
I've not heard anything good about NTOG yet. All I've seen is hyperbole on a grand scale from an unsurprisingly biased source which hasn't even got its facts straight, never mind the name of the person they're trying to oust. I'm still red.
It would be interesting to know how the other BoD members will be voting.
It will be interesting to see what the proposals are. I for one will be cancelling out very many potentially silly votes, rest assured.
I normally receive stuff in the post from Halifax. As oilm says, just call your broker. Simple as that.
Fair enough - I guess I'm reading between the lines.