Magnolia Petroleum Regulatory News (MAGP)

MAGNOLIA PETROLEUM PLC - Director’s Details - Update

PR Newswire

London, November 3

Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas

3 November 2015

Magnolia Petroleum Plc (‘Magnolia’ or ‘the Company’)

Director’s Details – Update

Pursuant to AIM Rule 17, the Company announces that it has been notified by Gavin Burnell, non-executive Chairman of the Company, that administrators have today been appointed to Globo Plc by order of the Court. Mr Burnell was a non-executive director of Globo Plc until his resignation on 29 October 2015. 

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For further information on Magnolia Petroleum Plc visit http://www.magnoliapetroleum.com/ or contact the following:

Notes

Magnolia Petroleum Plc is an AIM quoted, US focused, oil and gas exploration and production company. Its portfolio includes interests in 202 producing and non-producing assets, primarily located in the highly productive Bakken/Three Forks Sanish hydrocarbon formations in North Dakota as well as the oil rich Mississippi Lime and the substantial and proven Woodford and Hunton formations in Oklahoma.

Summary of Wells