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Share Name | Share Symbol | Market | Type |
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TSXV:MEN | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
The Company has also been licensed to re-enter two abandoned wells in the same area. The Company intends to re-enter these wells and evaluate them in the near future. Magnum holds a 100% working interest and is the operator of the properties where this project is being carried out.
In addition, work is progressing to complete testing and obtaining regulatory approval from the ERCB (Energy Resources Conservation Board) to re-activate the gathering system. Once this process has been completed the Company intends to tie-in all completed wells to the gathering system.
The TSX Venture Exchange has neither approved or disapproved the contents of this press release.
Contacts: Magnum Energy Inc. Richard Nemeth Vice President of Corporate Development (604) 669-3155 (604) 669-3177 (FAX) Email: rnemeth@magnumenergyinc.com Website: www.magnumenergyinc.com
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