Magnolia Oil & Gas provided production guidance for the second quarter and full year 2021. 2021 capital spending and activity is expected to deliver full year production growth of 6% to 9%, compared to 2020 production levels of 61,800 BOE per day. Looking at the second quarter of 2021, the company expects production to average 66,000 barrels per day, a sequential increase of 6% compared to the first quarter.