Magnolia Oil & Gas to acquire $300m Giddings oil and gas assets
Magnolia Oil & Gas Corporation (NYSE: MGY) has entered into a definitive purchase agreement for acquiring specific oil and gas producing properties, including leasehold and mineral interests in Giddings. The transaction, valued at $300 million, is subject to standard purchase price adjustments and is expected to close in Q4 2023. The company plans to fund […]