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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


 

02/08/2013

 

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