Magnum Energy Inc. Is an emerging oil and gas company focused on the production, development, and exploitation of its two producing core properties in Southeast Central Alberta. The Company continues to evaluate merger and acquisition opportunities fitting with the Company's growth criteria.
Currently, the main focus of development is the producing Viking Light Oil lands located in Provost, Alberta that is part of the Viking Trend that stretches from Southwest Saskatchewan to Northwest Alberta, where the successful application of horizontal multi-frac technology has enhanced the recovery of existing reserves. The Company also maintains 100% ownership of the Sedalia gas facility and associated gas production.
Apr 09, 2014: Magnum Engages Investor Relations Consultant and Grants Options
Apr 02, 2014: Magnum Energy Inc. Announces Resignation Of Chief Financial Officer
Apr 01, 2014: Magnum Energy Inc. Announces Extension to Closing Date of Provost Transacti...
Mar 17, 2014: Magnum Energy Inc. Announces Delay To Closing Of Provost
Feb 14, 2014: Magnum Energy Inc. Announces Update Redisposition of Provost, Alberta Prope...