28th Aug 2012 07:00
Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas
28 August 2012
Magnolia Petroleum Plc(`Magnolia' or `the Company') Analyst and Investor Conference Call
Magnolia Petroleum Plc, the AIM quoted US onshore focused oil and gas exploration and production company, is pleased to announce that it will publish its Interim Results for the six months ended 30 June 2012 on 10 September 2012.
In conjunction with the release of the results, a conference call for analysts and investors will be held at 9.30 a.m. BST. To participate in this conference call, please go to www.meetingzone.com/presenter using 2927389 as the participant pin to view the presentation and dial +44 (0) 808 109 5644, or +44 (0) 20 8322 2500 if you are calling from outside of the UK, using access code 2927389#.
Additionally, the Company is pleased to announce that Magnolia CEO Steven Snead will be presenting at the Proactive Investors One2One Forum on 12 September 2012 at 6.00 p.m. at the Chesterfield Mayfair Hotel, 35 Charles Street, London, W1J 5EB, and looks forward to meeting both existing and prospective investors.
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For further information on Magnolia Petroleum Plc visit www.magnoliapetroleum.com or contact the following:
Steven Snead Magnolia Petroleum Plc +01 918 449 8750 Rita Whittington Magnolia Petroleum Plc +01 918 449 8750 Antony Legge/James Thomas Daniel Stewart & Company Plc +44 (0) 20 7776 6550 John Howes/John-Henry Wicks Northland Capital Partners +44 (0) 20 7796 8800
Limited Lottie Brocklehurst St Brides Media and Finance +44 (0) 20 7236 1177 Ltd Frank Buhagiar St Brides Media and Finance +44 (0) 20 7236 1177 Ltd NotesMagnolia Petroleum Plc is an AIM quoted, US focussed, oil and gas explorationand production company. Its portfolio includes interests in 82 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 WellsCategory Number of wells Producing 82 Being Drilled / Completed 9 Elected to participate / waiting to 9spud TOTAL 100
This summary excludes four out of six wells acquired as part of the acquisition of 800 gross acres with a 100% working interest in Osage County, Oklahoma, as announced on 10 February 2012. These four wells are currently `shut in' and will require a workover programme at some point in the future to bring back into production.
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