Magnolia Oil & Gas Corporation Profile

Industry
Oil & Gas Exploration & Production
Sector
Energy
Number of Employees
247

Magnolia Oil & Gas's Business Model

Magnolia Oil & Gas Corporation engages in the acquisition, development, exploration, and production of oil, natural gas, and natural gas liquids reserves in the United States. Its properties are located primarily in Karnes County and the Giddings Field in South Texas principally comprising the Eagle Ford Shale and the Austin Chalk formation. As of December 31, 2021, the company's assets consisted of a total leasehold position of 4,71,263 net acres, including 23,785 net acres in Karnes and 4,47,478 net acres in the Giddings area, as well as holds 1,292 net wells with a total production capacity of 66.0 thousand barrels of oil equivalent per day. The company was incorporated in 2017 and is headquartered in Houston, Texas.

About Magnolia Oil & Gas

Website: https://www.magnoliaoilgas.com

CEO (Chief Executive Officer): Mr. Christopher G. Stavros

IPO date: 2017-06-29

Contact

Country: US

Address: Nine Greenway Plaza

City: Houston

State: TX

Phone: 713 842 9050

Zip Code: 77046

Other

CIK: 0001698990

ISIN: US5596631094

CUSIP: 559663109

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