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Magnum's Second Well Produces Oil

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July 6, 2012

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 ...

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