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Maverick Energy Group Announces Latest Edition of Drill Bits Newsletter
Maverick Energy Group Announces Latest Edition of Drill Bits Newsletter.
About this update from Maverick Energy Group, Ltd.
[{"type":"text","content":"Maverick Acquires New West Virginia Leases and Production Boost\n\nMaverick Energy Group, LTD (Other OTC: MKGP) is pleased to announce that the latest issue of its Drill Bits newsletter is now available on the company's website at: http://www.maverickenergygroup.com/mkgp.html. \n\nIn this month's edition of Drill Bits, Maverick Energy Group announces that it is beginning a program to boost natural gas production from four of its existing wells in West Virginia. With the planned improvements, production from these four wells alone is predicted to increase to approximately 200 mcfd. The company also announces that it has secured several new lease assignments in Doddridge County, West Virginia, with drilling locations identified by Maverick's new geologist, who has been successfully drilling in West Virginia for over thirty years. Maverick also updates its drilling operations in the Big Foot Field in Texas, where it is both a partner and serves as drilling operator, noting that the company is drilling three to four wells per week on average.\n\n\"The first few months of the year have already been very busy for everyone here at Maverick. We have worked hard to secure several promising leases in West Virginia and plan new wells on those leases. At the same time, we are continually boosting our oil & gas production both in West Virginia and in the Big Foot Field in Texas. The outlook for Maverick in 2008 is very bright already,\" says Jim McCabe, CEO of Maverick Energy Group, LTD.\n\nMaverick Energy Group produces its Drill Bits newsletter on a monthly basis and distributes it to its shareholders and other interested parties who have signed up for news on its website. All that the company requires for you to receive regular electronic copies of Drill Bits is to enter your e-mail address in the online form at: www.maverickenergygroup.com.\n\nAbout Maverick Energy Group, LTD \n\nMaverick Energy Group LTD, based in Tulsa, OK, is engaged in the domestic exploration and production of crude oil and natural gas. Its management team has over 150 combined years of experience in the oil & gas and financial services industries. Maverick Energy is the Operator of the \"Big Foot Field\" in Texas, which was originally developed by Royal Dutch Shell (RDS-A). The Big Foot Field has approximately 310 production wells in the field, of which approximate...