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Magnolia Sees Growth at MissLime, Bakken Prospects

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Magnolia Sees Growth at MissLime, Bakken Prospects

Magnolia Petroleum Plc has reported an update on its  activities in proven U.S. onshore formations including the Bakken/Three Forks Sanish, North Dakota and the Mississippi Lime in Oklahoma. 

Thomason 10-27-12 and Lois Rust 7-27-12 1H wells, Oklahoma

Following the announcement on 7 November 2012 of the commencement of work by Chesapeake Energy, the operator, to increase the sales line capacity on the Thomason and Louis Rust wells, the  Company has been informed by Chesapeake that  production recommenced at the Thomason horizontal well on 30 January 2013.  As part of the same work programme, production at Lois Rust is due to recommence by the end of this week.  The impact of the work by the operator will be known in the forthcoming weeks.

Montana Acreage

Following Magnolia's acquisition of…

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