25th Jun 2015 17:34
MAGNOLIA PETROLEUM PLC - Result of AGMMAGNOLIA PETROLEUM PLC - Result of AGM
PR Newswire
London, June 25
Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas
25 June 2015
Magnolia Petroleum Plc (‘Magnolia’ or ‘the Company’)
Result of AGM
Magnolia Petroleum Plc, the AIM quoted US focused oil and gas exploration and production company, held its Annual General Meeting earlier today and all resolutions were duly passed.
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For further information on Magnolia Petroleum Plc visithttp://www.magnoliapetroleum.com/ or contact the following:
| Steven Snead | Magnolia Petroleum Plc | +1 918 449 8750 |
| Rita Whittington | Magnolia Petroleum Plc | +1 918 449 8750 |
| Jo Turner / James Caithie | Cairn Financial Advisers LLP | +44 207 148 7900 |
| Jamie Vickers / Max Bascombe | Sanlam Securities UK Limited | +44 207 280 8700 |
| Colin Rowbury | Cornhill Capital Limited | +44 207 710 9610 |
| Lottie Brocklehurst / Frank Buhagiar | St Brides Partners Ltd | +44 207 236 1177 |
Notes
Magnolia Petroleum Plc is an AIM quoted, US focused, oil and gas exploration and production company. Its portfolio includes interests in 195 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
| Category | Number of wells |
| Producing | 195 |
| Being drilled / completed | 3 |
| Elected to participate / waiting to spud | 28 |
| TOTAL | 226 |
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Magnolia Petroleum