Adds 114,000 net acres in North Eagle Ford
Magnolia Oil & Gas (ticker: MGY) announced the acquisition of significant non-operated assets in the Eagle Ford today, as Steve Chazen’s new company continues to increase its holdings.

Magnolia will acquire a net 114,000 net acres in the northern portion of the Eagle Ford, adding to the company’s Giddings Field position. Magnolia will also acquire Harvest’s working interest in a portion of Magnolia’s Karnes County acreage, thus consolidating its position. Magnolia estimates that this portion of...

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