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) Quarterly Activities Report to Dec 31, 2008
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advises that it has recently commenced the process of renegotiating its existing banking facilities and is pleased to announce that as the first step, it has secured an increase in its Senior Secured Credit Facility of US$ 10.5 million to US$36.0 million. The facility is secured by the Company's assets, including its Utah and Oklahoma projects, and the increase is fully available.
Yesterday the Australian share market closed higher with gains across all sectors, except for healthcare. The market remained quiet with low trading volume and less news out. The S&P/ASX200 index rose 55.7 points, or 1.5%, to 3742.7, a near two-month closing high, while the broader All Ordinaries index gained 50.3 points, or 1.4%, to 3689.2.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) respond to an ASX Price Query, following an increase in the share price. Marion Energy Executive Director Peter Collery maintains that all information has been fully disclosed to the market and the increase in share price reflects investors' increasing awareness of the value of the gas assets and company production milestones.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) respond to an ASX Price Query, following an increase in the share price. Marion Energy CEO Peter Collery maintains that all information has been fully disclosed to the market and the increase in share price reflects investor's awareness of the value of gas assets and company production milestones.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advises of the following Progress Report regarding drilling of Oman 10-29 well at Clear Creek.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) advise that the following information is provided regarding the results of the Annual General Meeting of the Company held on November 12, 2008.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to announce that following the treatment of its Clear Creek wells for hydrate issues, it has achieved a gross production rate in excess of 5 million cubic feet of gas per day.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) announces significant increase in gas resource in place following receipt of the preliminary independent report.
Marion Energy Limited (ASX:MAE)(PINK:MAEJF) is pleased to advise of the following Progress Report regarding the drilling of Oman 10-19 well at Clear Creek.
