Magnolia Oil and Gas

[charlie1]

Dan your MGY write up is on target. MGY will grow production and reduce stock for the foreseeable future. In future reports I think you should have a section on the great quality of MGY's management. I bought the stock initially because of Steve Chazen. Imagin the former CEO of OXY becoming the CEO of a small E&P.I added when Chris Stavros joined as the CFO. He worked with Chazen as the CFO of OXY. At that time The Austin Chauk play was in the idea stage.They have done a great job moving the AC to 30,000 bbls per day. Everything Chazen/Stavros promised in 2018 have been exceeded. Don't forget their plan is to make Enervest a former shareholder. As that happens we will be very happy and earnings will grow. I hope to add to my holdings when we get some weakness. MGY has worldclass leadership.

[Fraser921]

Good feedback, looks solid

[dan_s]

Their leasehold in the Eagle Ford is "Grade A Prime".

My valuation will go higher if their 2022 guidance matches my forecast model.