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BestnPet, Inc. (BPET)

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Last Post: 3/20/2019 12:22:47 PM - Followers: 20 - Board type: Free - Posts Today: 0

BPET

BestnPet, Inc.
5955 Alpha Road
Suite 102
Dallas Texas 75240
Phone: (510) 225-5031
https://www.otcmarkets.com/stock/BPET/overview

 
Michael Rafael
New President and Chairman
 

DALLAS, Feb. 21, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – BestNPet, Inc. (OTCPINK: BPET), a Nevada company announces that effective February 15, 2019, Michael Rafael has been appointed President and  Chairman, BPET's former management and directors have resigned. MDM Permian, LLC and MDM Energy, Inc. has effected a reverse merger with BestnPet, Inc.  BPET's new focus will center on domestic oil and gas production as MDM Energy has been doing since 1981.

BestNPet, Inc. will be immediately filing for a name and symbol change to reflect the energy focus to MDM Permian (MDMP). MDM Permian, LLC was formed in the great State of Texas in Feb. of 2017. Post-merger, MDM Permian, LLC has become BestnPet, Inc.  As the name indicates, MDMP was formed to exploit resources in the Permian Basin of West Texas and Eastern New Mexico. We currently have 2 prospects in West Texas and 1 in Southeastern New Mexico. Our main objective is the Wolfcamp Shale and Bone Springs formations; they also have conventional production horizons as well.

MDM Energy, Inc., incorporated in the great State of Texas in Feb. 1981 and is a wholly owned subsidiary of BestnPet. The company was nominated for Wildcatter of The Year by the Illinois Oil and Gas Association in 2009 for the discovery of a new oilfield in Effingham County, Illinois. MDM Energy, Inc. holds permitted acreage that is ready to drill for Devonian Reef production in Clay County, Illinois.

“We have drilled over 100 wells in southern Illinois during the past 10 years. Discovered and sold off three significant oil fields and implemented 2 waterflood programs,” stated Mr. Rafael.   The company remains a bonded Operator in Illinois, #4154. MDM Energy, Inc. is registered as a foreign corporation in good standing with the Illinois Secretary of State. The company has provided services as a third-party operator for other companies, providing pre-production or “cradle” to plugging or “grave” operations. We have identified and leased prospects for our self and others, as well as overseeing the drilling, completion and day to day operations of hundreds wells in three states, Kentucky, Texas and Illinois. MDM Energy, Inc. had discovered and developed 2 oilfields and one gas field in Kentucky in the 1980’s and 1990’s. The company was also at the forefront of the early years of the Barnett Shale development and worked on some of the first successful slick water fracs in Texas in the early 2000’s.

MDM Energy, Inc. has enjoyed a long relationship with Countrymark Refinery, located in Mt. Vernon, Indiana. They have been the purchaser of our Illinois Basin crude oil for over 25 years.

“Our primary goal is to create value through lease acquisitions, vertical and horizontal drilling and production, waterflood operations, purchase of existing production, gathering and interpreting scientific data, etc.”

“I look forward to growth and prosperity for our company, our partners, and shareholders,” further stated Mr. Rafael.

http://www.globenewswire.com/news-release/2019/02/21/1739446/0/en/BestNPet-Completes-Reverse-Merger-With-Texas-Based-MDM-Permian-LLC-and-MDM-Energy-Inc.html

 

About MDM Energy

About MDM Permian: Incorporated in the great State of Texas in Feb. of 2017 MDMP was formed to exploit resources in the Permian Basin of West Texas and Eastern New Mexico.

About MDM Energy: Incorporated in the great State of Texas in Feb. 1981, the company has provided services as a third-party operator for other companies, providing pre-production or “cradle” to plugging or “grave” operations. We have identified and leased prospects for our self and others, as well as overseeing the drilling, completion and day to day operations of hundreds wells in three states, Kentucky, Texas and Illinois.

https://www.mdmenergy.com/



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#118   Usually they change it first on SOS. I adijas 03/20/19 12:22:47 PM
#117   adijas, Thanks .... I assumed it had already wickw50 03/20/19 12:10:02 PM
#116   The name change? That will be after it adijas 03/20/19 12:05:38 PM
#115   I wonder how long before ihub makes the wickw50 03/20/19 12:00:28 PM
#114   Name change to MDM Permian https://www.nvsos.gov/sosentitysearch/corpActions.asp adijas 03/20/19 08:13:17 AM
#113   Good afternoon to all! Papa Bear 03/03/19 05:26:48 PM
#112   New officer filed on NVSOS https://www.nvsos.gov/sosentitysearch/corpActions.asp adijas 03/01/19 01:13:56 PM
#111   At this point investors need more transparency about roger wilco 02/28/19 07:37:22 AM
#110   I think folks are looking at best in brucebill 02/28/19 07:25:52 AM
#109   Investors will eventually put 2 + 2 together roger wilco 02/27/19 12:57:28 PM
#108   Sorry guys 29,000 shares between here and 21 brucebill 02/27/19 09:41:40 AM
#107   There is only 2,500 shares between here and brucebill 02/27/19 09:37:25 AM
#106   Merge in filed https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=TBi adijas 02/27/19 09:32:30 AM
#105   They own the old assets demonsmith 02/26/19 11:12:51 PM
#104   So ggii does not own bestnpet? Dio2000 02/26/19 08:31:29 PM
#103   Name change will happen in the next few brucebill 02/26/19 07:45:56 AM
#102   LOL, A big block purchase would result in roger wilco 02/24/19 02:44:30 PM
#101   The float is so locked the symbol change brucebill 02/24/19 12:39:14 PM
#100   20 million float,I guess insiders own the rest brucebill 02/24/19 12:33:59 PM
#99   $BPET share price will go crazy when people roger wilco 02/23/19 10:15:05 PM
#98   Added 10k to my stack at .085 ThePennyGuru 02/22/19 05:33:24 PM
#97   A little bit of Due Diligence will prove roger wilco 02/22/19 09:28:24 AM
#96   Got a starter,this can go to dollars easy. brucebill 02/22/19 09:21:30 AM
#95   Here's MDM energy's website roger wilco 02/21/19 11:02:39 AM
#94   $BPET ThePennyGuru 02/21/19 10:25:13 AM
#93   BestNPet Completes Reverse Merger With Texas Based MDM boomer0921 02/21/19 10:06:12 AM
#92   $BPET- Huuuuuge REverse merger news. ThePennyGuru 02/21/19 10:02:31 AM
#91   BPET RM news today showing new ticker symbol funnyG986 02/21/19 09:58:32 AM
#89   O/S = 120,992,000 jerseyfish 01/24/19 10:38:18 AM
#88   Wow, what a low volume, high spread mutt. 0whammies 01/24/19 10:15:40 AM
#87   PennyGuru, Looks like we’re getting the “band back wickw50 01/23/19 07:28:54 PM
#86   Actually I think this shell was the priority ThePennyGuru 01/23/19 07:26:29 PM
#85   rw, I think they will make the transition wickw50 01/23/19 07:16:17 PM
#84   Really kinda surprised there isn't more $GGII longs roger wilco 01/23/19 07:14:58 PM
#83   100% agree. This is getting better than tag wickw50 01/23/19 07:11:33 PM
#82   I got my tickets for the $BPET show... roger wilco 01/23/19 07:11:08 PM
#81   I had been under the belief all along roger wilco 01/23/19 07:09:03 PM
#80   rw, I don’t have PM privileges, but I wickw50 01/23/19 07:08:14 PM
#79   roger wilco, My info is that the ggii wickw50 01/23/19 06:56:51 PM
#78   OTCX isn't retail that's for sure. That's really roger wilco 01/23/19 06:29:38 PM
#77   $BPET- yep we had 3 on bid at ThePennyGuru 01/23/19 05:39:50 PM
#76   $BPET Odd action on the bid today. Bid roger wilco 01/23/19 03:02:21 PM
#75   Getting some volume today roger wilco 01/18/19 11:33:40 AM
#74   Holy Some-oley up 87.5% roger wilco 01/15/19 01:03:54 PM
#73   GGII is proving to be a big big roger wilco 01/15/19 10:00:22 AM
#72   GGII - jerseyfish 01/15/19 05:31:40 AM
#71   They already have the company selected in my ThePennyGuru 01/10/19 08:41:02 PM
#70   Pretty sure they have a candidate. They would ThePennyGuru 01/10/19 08:37:43 PM
#69   The Pennyguru So they are looking for a bones jones 01/10/19 07:55:46 PM
#68   It is a shell right now. The previous ThePennyGuru 01/10/19 06:41:56 PM
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