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Where We Operate

Magnolia’s South Texas asset platform includes a well-delineated, low-risk position in the Karnes County Core and significant upside in the Giddings Field, a re-emerging premier oil play. Together, these positions comprise approximately 360,000 net acres with multi-bench development potential and stacked pay.

Karnes County: Core Eagle Ford and World-Class Austin Chalk

  • World-class acreage footprint located in the core of the Eagle Ford, substantially de-risked
  • Steady production growth while generating substantial free cash flow
  • Well known, repeatable acreage position targeting multiple benches and representing some of the best economics in North America

Giddings Field: Austin Chalk Redeveloping as an Emerging Play

  • Emerging, high-growth asset with extensive inventory potential and significant development flexibility
  • Held-by-production nature of asset allows for systematic delineation and optimization of play while staying within asset cash flow
  • Modern high-intensity completions have resulted in a step-change improvement in well performance
  • At least 1,000 locations based on conservative spacing assumptions