| BAKKEN | BARNETT | EAGLE FORD | GRANITE WASH | HORN RIVER | MARCELLUS | MISSISSIPPI LIME | OPERATOR ASSETS |
| NIOBRARA | PERMIAN | PICEANCE/UINTA | POLAND | UTICA | WOODFORD | AUSTRALIA | COMPLETIONS |
Magnum Energy Inc. (TSX VENTURE:MEN) announce the results of the second horizontal well drilled at the Provost Oil Project. The 50% owned well targeted the Viking formation at a depth of 800 meters with a 600 meter horizontal leg. Upon completion of a 10 stage fracture stimulation, the well flowed back on cleanup for 50 hours ...
Total consideration of approximately US$15.1 billion has been paid for Nexen's common and preferred shares.
Madalena's focus domestically is to exploit its large inventory of horizontal development locations with the expectation to increase production and cash flow year over year.