The trading update released earlier incorrectly made reference to Magnolia requesting a suspension.  The other details remain unchanged and the full text of the corrected announcement is below. To view the full release click here.

Magnolia Petroleum plc, the AIM quoted US focused oil and gas exploration and production company, announces the following update in respect of its ongoing discussions with its bank and subsequent events which have lead it to request a temporary suspension. To view the full release click here.