Marion Energy Limited is following a low risk strategy of pursuing gas reserves and associated production in the Rocky Mountains and Mid-Continent regions. The Company's activities are generally within the geographic confines of or adjacent to known production and within easy access of existing pipeline infrastructure. We have been able to accumulate an enviable lease position where the company is undertaking a highly successful development drilling program. 
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to announce that Mr Jay Stratton, Jr. has been appointed to the newly created position of Chief Operating Officer.
The Directors of Marion Energy Limited (ASX:MAE)(PINK:MAEJF) present their Activities Report for the September 2009 Quarter.
The Board of Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to announce that it has received commitments of a A$6.5m for a placement (before costs) to a range of sophisticated and institutional investors. Participants in the Placement will also be issued with an option to subscribe for ordinary shares on the basis of 1 option for every share subscribed for in the Placement.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to provide an update on the progress made in the implementation of its operational strategy, as announced to the market on 14 August 2009. The strategy targets four to six gas wells at the Clear Creek and Helper projects in Utah, USA with the aim of gradually bringing them back to production.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advises that operations have commenced to bring the Ridge Runner 11-17 (RR 11-17) gas well, located at Clear Creek Utah, back on stream. The activities mark the implementation of the operational strategy announced to the market on 14 August 2009.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to outline the Company's operational strategy aimed at delivering sustainable, long term and profitable production from key Helper and Clear Creek wells.
The Board of Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to provide an update on key elements of the Company's corporate strategy.
The Directors of Marion Energy Limited (ASX:MAE)(PINK:MAEJF) present their Activities Report for the June 2009 Quarter. The June 2009 quarter saw a focus on the following strategic activities: The Goldman Sachs managed process of seeking buyers for the Company and/or its assets either in whole or in part; Negotiation of extension of banking facilities; and Conducting a complete review of both Utah field operations with a view to establishing a forward development plan to maximise value to shareholders.
The Board of Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advise that they have resolved to seek shareholder approval to convert contractual cash payments due to Executive Directors and other management into fully paid ordinary shares in the Company.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advises that its existing Senior Secured Credit Facility held with its bankers has been increased by US$ 6 million to a total of US$ 42 million. The total facility has been renewed until 30 September, 2009 and is secured by the Company's assets, including its Utah and Oklahoma projects. The increase is fully available.
