Magnolia Petroleum reports spud of Helgeson well on Bakken formation
BY ED BALLARD
LONDON--Magnolia Petroleum, an onshore U.S.-focused oil and gas company, Friday reported that the Helgeson 41-30H well, a horizontal well operated by Marathon Oil targeting the Bakken formation in North Dakota, started drilling on Feb. 4.
Magnolia holds a 5.428% working interest and a 4.071% net revenue interest in Helgeson.
Dow Jones Newswires