|By Marketwired .||
|May 26, 2014 09:30 AM EDT||
CALGARY, ALBERTA -- (Marketwired) -- 05/26/14 -- MAGNUM ENERGY INC. ("Magnum" or the "Corporation") (TSX VENTURE: MEN) Magnum announces 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Magnum Energy Inc.
President & CEO
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Sep. 28, 2016 04:45 AM EDT Reads: 2,982
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 28, 2016 04:30 AM EDT Reads: 1,674
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 28, 2016 04:30 AM EDT Reads: 1,636
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
Sep. 28, 2016 04:30 AM EDT Reads: 1,014
Sep. 28, 2016 04:15 AM EDT Reads: 4,588
Sep. 28, 2016 04:00 AM EDT Reads: 440
Sep. 28, 2016 03:30 AM EDT Reads: 3,110
Sep. 28, 2016 03:30 AM EDT Reads: 1,762
Sep. 28, 2016 03:15 AM EDT Reads: 2,978
Sep. 28, 2016 03:00 AM EDT Reads: 1,828
Sep. 28, 2016 03:00 AM EDT Reads: 1,777
Sep. 28, 2016 02:45 AM EDT Reads: 1,884
Sep. 28, 2016 02:15 AM EDT Reads: 1,338
Sep. 28, 2016 02:00 AM EDT Reads: 1,136
Sep. 28, 2016 01:45 AM EDT Reads: 2,791