Final results for the year 201724 Apr 2018 07:57
So Rita when will you give us a little bit of meat to put on the bones????
When will you yell out this information!!!
Well Developments The full list of well developments occurring are still ongoing and a list will be provided in due course. A number of these include wells in which Magnolia has small interests and is being carried as part of the WED deal. This is in line with management�s strategy to minimise exploration risk, which includes the evaluation of drilling data gained through its participation in wells in which it has very small interests.
Cash in the Bank?
Do we have a loan from the bank after their sale?
Or are you looking for another lender now POO has gone up
Has the total net PDP reserves (1 January 2017: US$4,026,000) provides strong asset backing gone up further �
Change in total net PDP reserves due to the divestment of interests in 13 wells which were included in the January 2017 report �
Reserves Report dose not include proved shut-in, proved undeveloped, probable and possible reserve classes as well as Magnolia�s interests in undeveloped acreage � What is the approx. value of this ???
Are we having yet another competent persons report completed for a new loan facility is so will you be telling the market this value.
How many LTH are now in the brown stuff instead of the black stuff due to the loss of interest here