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Oil Capital
Market: AIM
52-week High/Low: 0.15p / 0.06p
Sector: Energy
Market Cap: 1.78M

Magnolia Petroleum plc is an AIM listed oil and gas production company focused on the acquisition, exploitation and development of oil and gas properties primarily located onshore in the United States. Led by a highly skilled management team with over 100 years combined experience in the on shore oil and gas industry, the Company already has interests in over 60 producing properties and significant acreage in two major project areas, the potentially game-changing and highly productive Bakken shale in North Dakota and the proven Woodford and Hunton formations in Oklahoma. The Company is also currently targeting the Mississippi Formation in Oklahoma, a known play with proven and substantial reservoirs

Magnolia Petroleum is traded in the NEX Exchange HERE

Magnolia Petroleum PLC

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© oil Capital 2017

Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.