MDM Permian Drives Growth with New Revenue Stream

Dallas, TX – January 14, 2025 – MDM Permian, an emerging player in the oil and gas industry, is excited to announce a significant development in its growth trajectory. In October 2024, MDM Energy, a wholly owned subsidiary of MDMP, successfully acquired the essential equipment and crew to offer workover services to third-party clients in the oil and gas sector.

This strategic move has already begun yielding impressive results. Payments for services rendered are steadily rolling in, and the company is proud to report that receivables have just surpassed a quarter of a million dollars. This fresh influx of revenue is set to accelerate MDM Permian’s continued expansion, positioning the company for even greater success in the year ahead.

MDM Energy’s new service offering includes comprehensive workover solutions for oil and gas operations, which are essential for maintaining and improving production efficiency. With a talented team in place, MDM Permian is well-positioned to deliver top-tier services to its growing client base.

“We are thrilled with the rapid success of our workover services expansion,” said a representative of MDM Permian. “This new revenue stream not only adds to our overall financial health but also opens doors for increased market presence and more opportunities. We’re excited about what the future holds and look forward to continuing our upward momentum.”

With this new service line now up and running, MDM Permian is committed to utilizing its cash flow to fuel further growth, including the expansion of its fleet, workforce, and geographic reach.

About MDM Permian MDM Permian, headquartered in Dallas, Texas, is an up-and-coming player in the oil and gas industry, providing high-quality services and solutions to its clients. The company is committed to maintaining operational excellence while expanding its reach to meet the growing demands of the industry. Through strategic acquisitions, smart investments, and an unwavering dedication to service, MDM Permian will continue to grow in the oil and gas industry.

For further information, please contact: Media Contact: Rachel Green, VP Operations and Investor Relations MDM Permian Phone: 469-223-2551 Email: [email protected]