10 Jun 2014 16:46
MAGNOLIA PETROLEUM PLC - Result of AGMMAGNOLIA PETROLEUM PLC - Result of AGM
PR Newswire
London, June 10
Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas 10 June 2014 Magnolia Petroleum Plc (`Magnolia' or `the Company') Result of Annual General Meeting Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration andproduction company, held its Annual General Meeting earlier today and allresolutions were duly passed. ** ENDS ** For further information on Magnolia Petroleum Plc visit www.magnoliapetroleum.comor contact the following: Steven Snead Magnolia Petroleum Plc +01 918 449 8750 Rita Whittington Magnolia Petroleum Plc +01 918 449 8750 Jo Turner / James Caithie Cairn Financial Advisers LLP +44 20 7148 7900 John Howes / Alice Lane / Northland Capital Partners Limited +44 20 7796 8800Luke Cairns Lottie Brocklehurst St Brides Media and Finance Ltd +44 20 7236 1177 Frank Buhagiar St Brides Media and Finance Ltd +44 20 7236 1177 Notes Magnolia Petroleum Plc is an AIM quoted, US focused, oil and gas explorationand production company. Its portfolio includes interests in 155 producing andnon-producing assets, primarily located in the highly productive Bakken/ThreeForks Sanish hydrocarbon formations in North Dakota as well as the oil richMississippi Lime and the substantial and proven Woodford and Hunton formationsin Oklahoma. Summary of Wells Category Number of wells Producing 155 Being Drilled / Completed 23 Elected to participate / waiting to 49spud TOTAL 227