OTCPK:MDMP - Post by User
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AveragePennyon Oct 12, 2021 12:35pm
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Post# 33997650
MDMP FILES FOR DRILLING PERMITS AND BEGINS PRE-DRILLING
MDMP FILES FOR DRILLING PERMITS AND BEGINS PRE-DRILLINGMDM Permian, Inc. has been assessing several producing properties that have both behind pipe potential and drillable acreage. Financing for these projects is secured and bids are being submitted for the projects deemed most cost effective. These projects could add as much as 500 BOPDE prior to reworking and drilling of new wells. “Our team has been working diligently for months to find the right projects that will help grow our footprint in the Permian Basin,” continued Mr. Rafael, “at the end of the day these activities are designed to increase production revenue, reserves in the ground, and enhance shareholder value.”
https://www.otcmarkets.com/otcapi/company/dns/news/document/53675/content