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Last C$0.0050 CAD
Change Today 0.00 / 0.00%
Volume 0.0
MEN On Other Exchanges
As of 5:00 PM 01/5/15 All times are local (Market data is delayed by at least 15 minutes).

magnum energy inc (MEN) Snapshot

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52 Week High
05/28/14 - C$0.08
52 Week Low
12/31/14 - C$0.0050
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magnum energy inc (MEN) Details

Magnum Energy Inc. explores, develops, and produces oil and natural gas in central Alberta, Canada. The company produces oil, natural gas liquids, and natural gas. It focuses on two producing core properties, including the Provost project that is located Viking Trend; and Sedalia Property. The company was incorporated in 2003 and is based in Calgary, Canada.

Founded in 2003

magnum energy inc (MEN) Top Compensated Officers

Strategic Advisor, Director, Member of Audit ...
Total Annual Compensation: C$144.0K
Compensation as of Fiscal Year 2013.

magnum energy inc (MEN) Key Developments

Magnum Energy Inc. Announces Resignation Jeffrey J. Lowe as Director and the Secretary

Magnum Energy Inc. announced that Jeffrey J. Lowe has resigned as a director and the Secretary of the Corporation effective December 23, 2014.

Magnum Energy Inc. Announces Executive Changes

Magnum Energy Inc. announced that Richard Nemeth, president & CEO has submitted his resignation to the board of directors to address chronic health issues. Mr. Nemeth will remain in the role of Chief Executive Officer over next two months to assist in the transition to the new president, Mr. Bob Stinn. Mr. Bob Stinn P.Eng, brings over 30 years of industry experience covering a broad spectrum of roles, from president & CEO of a private oil and gas junior to V. P. of operations and senior production engineering positions.

Magnum Energy Inc. Announces Acquisition of 100% Working Interest in the Jenner

Magnum Energy Inc. announced that the company has entered into a Purchase and Sale Agreement with a private, Calgary-based company to purchase an operated, 100% working interest in the Jenner, Alberta area. The property currently produces 350 mcfd gas sales (58 boepd) from the shallow Medicine Hat and Milk River formations, covers 9.75 gross (9.75 net) sections of land, and includes associated pipeline infrastructure and compression facilities. Production can be increased at least 3-fold with down spacing and infill drilling. This transaction is subject to all customary industry and exchange approvals.


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