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Magnolia Petrolum surges after revealing it has more than 200 fully operational wells

2015-10-16 13:35:37| Electronics - Topix.net

Shares in Magnolia Petroleum surged over 20% early on Friday, after the oil and gas producer said it has over 200 fully operational wells, after seven more came on stream during the latest quarter. The London-listed company now has 202 wells in operation, with an additional ten currently being developed and due to come on line in the final quarter of the year.

Tags: fully operational wells revealing

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