Magnolia Petroleum Reports Significant Results From North Dakota Operations

Magnolia Petroleum Plc (LSe:MAGP) reported significant results from its operations in North Dakota.

As quoted in the press release:

1. Successful drilling of the two Skunk Creek Wells located in the Bakken/Three Forks Sanish formations, Dunn County, North Dakota

• Magnolia participated with a 0.59% interest in the drilling of each well with Kodiak Exploration

• Highly encouraging initial shows and subsequent application made to drill an additional three Bakken wells and three Three Forks Sanish wells within the same 1,280 acre spacing unit

Click here to read the Magnolia Petroleum Plc (LSe:MAGP) press release.