Business
PINNACLE/MAVERICK ENERGY ANNOUNCES IMPLEMENTATION OF PROPRIETARY DRILLING
PINNACLE/MAVERICK ENERGY ANNOUNCES IMPLEMENTATION OF PROPRIETARY DRILLING.
About this update from Maverick Energy Group, Ltd.
[{"type":"text","content":" Pinnacle Group/Maverick Energy (PGPU.PK) is pleased to release a second excerpt from the exclusive interview by Wall Street Reporter with Maverick CEO \r\nJames McCabe. The entire interview can be heard at www.wallstreetreporter.com or you can link to it from the website of PGPU at www.pinnaclegli.com, either method will provide a free registration sign up. The following is some of the highlights gathered from Mr. McCabe's interview.\r\n\r\n \"In approximately 2 weeks the company will begin drilling 1 of two scheduled horizontal wells which will demonstrate the company's Exclusive Proprietary Drilling Technology,\" stated Mr. McCabe in the interview with Wall Street Reporter. \r\n \r\n \"With the improvements we have made to our already successful horizontal drilling technology, I have little doubt this will improve efficiency as well as production itself,\" said McCabe.\r\n\r\n \"Maverick will be the centerpiece of Pinnacle group, and we anticipate a name change in the not too distant future,\" added McCabe.\r\n\r\n McCabe said that what makes PGPU/Maverick unique is \"our aggressive approach in a capital intensive industry with administrative people that know how to obtain and use the necessary capital to stay ahead of the competition. PGPU/Maverick's proprietary drilling technology, operations and financial expertise, combined with hundreds of years of industry experience make Maverick's upward potential second to none.\"\r\n\r\n \"I believe as a company we have the right chemistry of people in all areas of expertise to not only be at the forefront of the industry but to remain there for some time to come,\" McCabe said. \r\n\r\n When asked \"why invest in PGPU/Maverick?\" McCabe's answer was simple: Value. \"I think our company is very much a value play. With the energy sector being a good long term investment and our ability to grow at a rapid pace we have the potential for our growth to explode, with our access to leases and properties which translates into higher earnings...whether it is in this public arena as we are today or any broader public arena in the future.\"\r\n\r\n\r\nFurther information can be found at http://www.maverickenergygroup.com/\r\nor www.pinksheets.com\r\n\r\n\r\nThis release includes forward-looking statements, which are based on certain assumptions and reflects management's current expectations. T...