Magnum Energy Inc. Provides Operations Update
Investing News Network - June 8th, 2011
Magnum Energy Inc. (CVE:MEN) updates on the company’s planned operations.
Magnum Energy Inc. (TSXV:MEN) updates on the company’s planned operations.
The press release is quoted as saying:
As disclosed in Magnum’s news release of February 3, 2011, our joint venture partner is required to pay 100% of the costs to drill and complete to tie-in two horizontal wells to earn a 50% working interest in certain lands in the Provost area, with work to commence on the first well before June 30th.
