July 22, 2016 - 11:35 AM EDT
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Magnolia Petroleum Plc / Index: AIM / Epic: MAGP / Sector: Oil & Gas

22 July 2016

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 visit http://www.magnoliapetroleum.com/ or contact the following:

Steven Snead Magnolia Petroleum Plc +01918449 8750
Rita Whittington Magnolia Petroleum Plc +01918449 8750
Jo Turner / James Caithie Cairn Financial Advisers LLP    +44207 1487900
Colin Rowbury Cornhill Capital Limited +44207710 9610
Lottie Brocklehurst St Brides Partners Ltd +44207236 1177
Frank Buhagiar St Brides Partners Ltd          +44207236 1177


Magnolia Petroleum Plc is an AIM quoted, US focused, oil and gas exploration and production company.  Its portfolio includes interests in 146 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 146
Being drilled / completed 12
Elected to participate / waiting to spud 18

Source: PR Newswire (July 22, 2016 - 11:35 AM EDT)

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