BOPD

FOOTHILLS EXPLORATION INC. SIGNS LETTER OF INTENT TO ACQUIRE A SMALL INDEPENDENENT OIL & GAS OPERATOR IN THE ILLNOIS BASIN

Retrieved on: 
Friday, October 29, 2021

The transaction comprises the acquisition of 20 oil wells and 4 Class II salt water disposal injection wells.

Key Points: 
  • The transaction comprises the acquisition of 20 oil wells and 4 Class II salt water disposal injection wells.
  • The Company is currently looking at other bolt-on acquisition opportunities in the basin to add to its portfolio, continued Hemb.
  • Benchmark is guided by a Petroleum Geologist with over 40 years experience in exploitation and exploration in the Illinois Basin.
  • Foothills Exploration, Inc. (FTXP or the Company), is an oil and gas exploration and development company focused on delivering the energy needs of today and tomorrow.

United Energy Announces Update to Major Acquisition

Retrieved on: 
Wednesday, October 27, 2021

This acquisition gives United Energy 100% control of its operations and was a key essential step in our developmental plans and growth in shareholder value.

Key Points: 
  • This acquisition gives United Energy 100% control of its operations and was a key essential step in our developmental plans and growth in shareholder value.
  • This acquisition gives United Energy 100% control of its operations and was a key essential step in our developmental plans and growth in shareholder value.
  • As a result of the acquisition, United Energy adds immediate production of approximately 1,000 MCFD and approximately 30 BOD.
  • United Energy is poised to capitalize on this trend while at the same time investing in Americas future independence from foreign energy sources.

United Energy Announces Update To Major Acquisition

Retrieved on: 
Wednesday, October 27, 2021

"This acquisition gives United Energy 100% control of its operations and was a key essential step in our developmental plans and growth in shareholder value," Brian Guinn, UE CEO.

Key Points: 
  • "This acquisition gives United Energy 100% control of its operations and was a key essential step in our developmental plans and growth in shareholder value," Brian Guinn, UE CEO.
  • As a result of the acquisition, United Energy adds immediate production of approximately 1,000 MCFD and approx.
  • As a result of the acquisition, United Energy adds immediate production of approximately 1,000 MCFD and approximately 30 BOD.
  • United Energy is poised to capitalize on this trend while at the same time investing in America's future independence from foreign energy sources.

MDM Permian, Inc. Acquires Well Interests and Drilling Locations for Its Operational Subsidiary

Retrieved on: 
Tuesday, August 24, 2021

MDM Permian, Inc. will be the beneficiary of the immediate offset locations of this well at a 75% net W.I.

Key Points: 
  • MDM Permian, Inc. will be the beneficiary of the immediate offset locations of this well at a 75% net W.I.
  • Based in Carrolton, Texas, MDM Permian, Inc. is a publicly traded energy company with interests in oil and natural gas wells, mineral prospects.
  • MDM Energy, Inc. (the wholly owned operating subsidiary of MDM Permian, Inc.), has been actively involved in the oil and gas industry since 1981 with offices located in Carrolton, Texas.
  • For additional information, view the companys website at www.mdmpermian.com or contact MDM Permian, Inc. at (214) 651-9900.