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Magnolia Petroleum Plc - Q1 2018 Operations Update

Magnolia Petroleum · MAGP16 Apr 2018

119 producing wells in the Company’ s portfolio as at end of Q1 2018 11 new wells proposed– 8 wells currently at various stages of development including in the prolific SCOOP and STACK plays in Oklahoma Investment of first US $500,000 of US $18.5 million capital management agreement with Western Energy Development LLC into Oklahoma leases that qualify under...

119 producing wells in the Company’ s portfolio as at end of Q1 2018 11 new wells proposed– 8 wells currently at various stages of development including in the prolific SCOOP and STACK plays in Oklahoma Investment of first US $500,000 of US $18.5 million capital management agreement with Western Energy Development LLC into Oklahoma leases that qualify under...

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