Marion Energy Limited
ASX:MAE ISIN:AU000000MAE0
News
Marion Energy Limited (ASX:MAE) is pleased to announce that it has entered into an agreement to acquire the interests of Odyssey Energy Limited (ASX: ODY) in the Helper and Jester-Bloomington projects, thereby increasing the Company's 2P gas reserve base by 29 Bcf to approximately 319 Bcf (billion cubic feet).
Marion Energy Limited (ASX: MAE) is pleased to announce that it has made a significant new gas discovery at its Helper, Utah Project with the successful drilling of the Kenilworth Railroad 1-A ("KRR 1-A") well. This well has been connected to the existing Helper gathering infrastructure and was placed on production at a rate of 1.5 million cubic feet of gas per day which it is selling into the market. The Company believes that this could be a significant discovery.
Marion Energy Limited (ASX: MAE) - 2P Large Gas Reserves Evaluated - Mr Jeff Clarke, MD; Boardroomradio is pleased to announce that Marion Energy Limited (ASX: MAE) has published an audio file.
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