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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.
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Apr 17, 2012: Magnum Energy Inc. Announces Short Form Prospectus Offering
Apr 02, 2012: Magnum Energy Inc. Announces Financing Engagement
Mar 22, 2012: Magnum Energy Announces Completion of Pipeline Construction and Horizontal ...
Feb 08, 2012: Magnum Energy Announces Pipeline Construction at Provost Viking Oil Project
Jan 04, 2012: Magnum Energy Inc. Announces Closing of Private Placement
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