TSXV:MAH - Post Discussion
Post by
moneywagon on Mar 07, 2024 2:42pm
MAH~NEW INVESTORS CATCH UP CEO ARCHIE SPITS OUT DA PLAN
NOW MAKE IT HAPPEN ARCHIE!!! TO THE MOOOON ALICE! until then FEET UP!!
shout out longs!
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Hello XXXXX
All is not lost, as some might think We are just charging the batteries Wednesday, Mike Kamis President of VECTOR GLOBAL ENGINEERING arrived in OHIO
He will be there for at least 1 week
He will access all our projects in OHIO
He is focused on recompleting the HD2 well ( the last well that we
drilled) and completing at least "3"
more zones in the TRENTON BLACK RIVER Formation
He will prioritize all our projects , in OHIO and Alberta
We are, through Mike, looking at 2 projects in Alberta
The financial side of MAH is vested and , ready and "excited" about a
re-launch of MAH - I would say in about 6 weeks
Of course there will be some kind of initial financing to position the
team that will launch MAH and get the drilling started.
I expect that we are 2 months from that being announced but it could be
sooner. I do expect that there will be several news releases out between
then and now about new projects, joint ventures, new wells to be drilled
etc. So I expect the offer/sell side to dry up and the price to move up.
Tax loss selling is over and a few thousand dollars can most days double
the price, or more
There was some talk about a rights offering but that would be too much
dilution and that will not happen in 2024
There will not be a consolidation in 2024
The financial side is definitely not happy with the 10 year performance
of our OHIO technical team. In OHIO we now have the EMF GEOSCIENCE group, which we believe is the best of the best. They have found 1/2 of the oil reserves in OHIO in the Knox formation that we are drilling and with them we have exclusive access to 40 square miles of 3D Seismic and some 20 oil field targets. In Alberta we have 2 projects that Mike Kamis has brought to the table. Mike will oversee all projects Additionally he will assist in introducing new investment dealers and investors to MAH And, with Alberta projects more and new investment dealers can relate to our exploration and development drilling potential I will keep you advised Archie ------------------------- January MAH Shareholder Update MARKSMEN's PETER WEICHLER ,(one of our Board of Directors and a key person in the Marksmen financing efforts in the last couple of years , as well as a key IR PR person in Marksmen, with great contacts , who from 01/01/ 22 have created some 100,000,000 shares of buying in Marksmen) , has had us meet a few times with an industry technical expert and close friend of his here in Calgary. His name is Mike Kamis he is a petroleum Reservoir engineer and has his own consulting company and probably 35+ years in the oil patch in Canada and the US and the Appalachian Basin . We find him to be a great guy, and he is a fabulous addition to our team and to work with He wants to take control of our technical side and make the technical recommendations to management and the Board and of course our key people I have no problem with that He has two projects in Alberta. The main one is one that was put together by my neighbor, who is now deceased. I tried to buy my neighbours company 25 years ago for $23 million but oil went to $13 a barrel and we could only raise 13 million so the deal fell through Anyway, the estate of my neighbour wants to farm out his key project as none of the heirs are in the oil patch and most not in Calgary and it’s more or less development drilling followed by exploration wells that should come on at over 100 BOE a day and potential to get thousands of barrels of oil from the project with a very high percent potential of success PETER really likes MIKE and has know him for a long time and I understand why He is a great guy to lead us into the 2024 launch Mike has experience in the US and believes our discovery well HD2 has a lot of potential and that we need to go into the well bore and perforate and acidize with nitrogen gas and complete three more productive zones in the well that were not completed last year I have presented Mike with all the technical information on the new Ohio EMF Geoscience projects that are available to us now in Ohio and have given him the reports to study He has all the technical information on all our OHIO projects past and future Mike is working on details of a trip to OHIO in the next week or so to meet with everyone and meet them in person and review our projects with them , as well as confirm operations activities of MARKSMEN in OHIO To me, it looks like we will in the next quarter drill a planned well in Ohio. We have 10 or 15% I believe that then we will be in a position to announce the Alberta farmin agreements and drilling programs in Alberta and probably think about drilling a well or two in Ohio later in the year As soon as we can we will get Mike in front of our key shareholders and have him present himself and the go forward Marksmen’s projects for 2024. We will certain in my opinion do a relaunch of Marksmen in the next couple of months All our key outside IR PR associates know we are working on this and have expressed interest in working on it too We must finance Marksmen and plan to do that on a staged basis with our team that are going to work on this and move this company forward
Archie
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