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Maverick Energy Group Ltd. to Assess Assets in Latest Permian Basin Acquisition, Open Offices in Midland & Kermit Texas February 22, 2022
Maverick Energy Group Ltd. to Assess Assets in Latest Permian Basin Acquisition, Open Offices in Midland & Kermit Texas February 22, 2022.
About this update from Maverick Energy Group, Ltd.
[{"type":"text","content":"ST AUGUSTINE, FL / ACCESSWIRE / February 22, 2022 / James McCabe, President and CEO of Maverick Energy Group, Ltd. (OTC PINK:MKGP) ("Maverick"), an independent oil and gas company, announced today that Maverick has sent its representative to Midland, Texas to coordinate the commencement of operations.This week Maverick will be in Midland, Texas to coordinate the commencement of operations of Maverick's acquisition of Hard Rock O&G assets in the Permian Basin. As previously announced, the 16,360 acre, 233 well acquisition will serve as a core area for Maverick's Permian basin operations.Maverick will review the opening of both the Midland and Kermit offices and identify the exact amount of oil now on Maverick's leases that can be sold immediately. Time will be spent with the seller's representatives identifying the most productive of the 233 wells to first put back online and what needs to be done to each well. All wells and leases will be inspected, and notations made of their status. The operating commercial well will be visited and all aspects of its current operations and finances reviewed.This is an exciting week for Maverick as it begins the process of bringing Maverick's substantial footprint in the Permian Basin back into commercial production.About Maverick Energy GroupMaverick Energy Group, LTD is a crude oil and natural gas acquisition, production, exploration, and horizontal drilling development company focusing on select areas of North America. Maverick believes that its access to patented and proprietary horizontal production enhancement technologies facilitates the rapid accumulation of valuable oil and gas assets, while at the same time greatly improving the rate of production and lifetime potential of these properties.Company Website: @www.maverickeg.comSafe Harbor Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by the use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimates," "projects," "intends," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those pr...