Magnolia Petroleum says that drilling operations at the Magnolia operated and 94% owned Shimanek #2 vertical well in Oklahoma are expected to commence imminently. The drilling crew are now on site and the rig has been mobilised.

The well is targeting multiple conventional payzones, including the Mississippi Lime/Chat, Redfork Sand and the Lower Skinner. An update will be made to the market once drilling has commenced in the coming days.

Tags: Magnolia Petroleum