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MGM Energy Corp MGMCF



GREY:MGMCF - Post by User

Comment by gregoooon Jan 18, 2011 11:48am
231 Views
Post# 17989707

RE: Rig available

RE: Rig availableI recieved this e-mail from MGM - things look to be on schedule.

Thank you for your interest in MGM Energy. 

As to your questions, we are still waiting on final Regulatory approval from the NEB on the well, which we expect in the next week or so.  All of the services, including the drilling rig, have been contracted and we are proceeding as if the final approval is obtained.  It is still our plan to spud in early February.

The board approval from KOGAS is supposed to be received shortly, hopefully next week.  At this point, we have not received any indication that the sale will not close as scheduled. 

Please let me know if you require any additional information.  Regards,

Rick Miller
Chief Financial Officer
MGM Energy Corp.

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