Business
MDM Permian, Inc. on Schedule to Begin Pre-Production Field Work in Permian Basin
MDM Permian, Inc. on Schedule to Begin Pre-Production Field Work in Permian Basin.
About this update from Mdm Permian, Inc.
[{"type":"text","content":"\n Company Also Announces Moving Of Corporate Offices ADDISON, Texas, Dec. 20, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- MDM Permian, Inc. (OTC: MDMP) today announced that on Wednesday December 18, 2019, MDM Energy, Inc. began working on the Lindley #6103 well located in Irion County. We emptied the old heater treater of all fluids, oil and water, and moved them to the stock tank to separate. At the same time, we emptied the old fiberglass open top water tank and hauled the water off location for disposal. We are having the heater treater and water tank hauled off location as junk. New equipment is to be installed and replumbed over the holidays, as well as moving a test tank to the well in preparation for work on the Canyon Sands which is scheduled for 2020 after the New Years holiday. At that time we will trip out all the rods and tubing, inspect the equipment and begin to clean out the borehole. Perforating 10 feet at the top of the 42 foot thick Canyon section, gas gun fracturing, and an acid cleanup will follow, along with swabbing the skin damage and scale from the zone. The entire process could take up to two weeks at which time the well will be put into full production for oil and gas. After work is complete on the Lindley 6103, we will move our efforts on the top of the ground refurbishment of the facilities for the Lindley A-1, A-2 and A-3 wells, in preparation for re-working of those three wells. Update reports will be posted to OTC as the work progresses. Our funding partner for these projects is Firedream Resources, LLC, Frisco Texas. In other news, MDM Permian, Inc. and MDM Energy, Inc., are proud to announce the move of our corporate offices from Addison Texas, to the Avion Business, center located in Carrollton Texas effective January 01, 2020. Our new address; MDM Permian, Inc.MDM Energy, Inc.2155 Chenault Dr. Suite 311Carrollton, Texas 75038 We have been at our Addison location for 7 years. Our current lease has expired, and the city of Addison has announced a 2-3 year project on Midway Road that will be replacing all infrastructure including water, sewage, electric and widening of the road. We decided that it would be in our best interest, and for those of our employees and partners, to not renew the lease and to affect a move before the road work begins. There may be a short interruption of phone and intern...