Magnolia Petroleum One2One Investor Presentation - Proactive ...
Magnolia Petroleum One2One Investor Presentation - Proactive ...
Magnolia Petroleum One2One Investor Presentation - Proactive ...
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Two Phase Growth Strategy<br />
Phase 1 Phase 2<br />
Identify reopening oil and gas plays early –<br />
acreage acquired at a discount to current market rates<br />
Operate wells – control timing of well proposals<br />
and drilling<br />
Focus on proven oil fields – lowering exploration<br />
risk<br />
Acquire larger working interests in proven oil<br />
fields – offers scope for greater revenues<br />
Drill wells with leading industry players –<br />
minimising capital commitments<br />
Apply advanced technology to drilling –<br />
transforms recovery and flow rates<br />
Apply advanced technology to drilling –<br />
transforms recovery and flow rates of wells<br />
Target oil and liquids rich plays over pure gas –<br />
secure higher prices<br />
Favour oil and liquids rich plays over pure gas<br />
– securing higher margins / returns<br />
Generate greater revenues – recycle into wells<br />
and purchase additional acreage<br />
Recycle revenues – generated by wells to acquire<br />
more leases and participate in further drilling<br />
6<br />
| MAGNOLIA PETROLEUM PLC | September 2012
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