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Yep, how do like these oil cut percentage updates? Sounds better than saying in made 2 bbls of oil or it put nothing in the tank because the heater treater or gun barrel is being loaded up. Lol
100 % correct
jmho
In my opinion they seem to lack the resources to get the job done or maybe they’re just playing us and not really trying “electric motor bearings repaired” coming up with excuses… Stall tactics adding more to the outstanding shares there’s a lot of fishing sneaky things going on and a lot of sheep are buying it.
100 % correct
just a pump and dump , no market for frac water in Texas as far as i know ...
jmho
According to twitter posters, the 200 barrels of water per day is supposed to turn to oil. What happened? 3 barrels of oil? Bwahaaaaaa
And what was it last week? oh, the smell of oil.... to now 5%, I think I can wait and be patient!
what was the production report today ?
5 % crude , maybe 3 barrel if they pumped 50 barrle total
just a pump and dump
jmho
Im amazed that this little stock is so dead here....
It's done well for me and I think has a lot of room to grow...
Best unknown Gem here!
$MDMP
IMO
Getting NG shows , LOL
This well should be blowing at least 200,000 cf ng a day and how much crude is it making ? LOL
jmho
because the pump has sizzled out
Hey they said they had a smell of crude in the tanks
$500k dollar volume. Roller coaster day and recovery. Still holding up well considering everything going on. Need an official PR on what they have recovered thus far.
takes time dipshit. Stocks in the green btw
ROTFLMAO
Where is the production update ??
The smell of crude in the frac water means nothing .
my guess pump and dump at its best
jmho
Bottom is in.
This is a huge opportunity here to quickly double your money.
They hired a Vice President of finance.
This company is on the move.
'pepeoil
I just farted and can smell GAS
does that count
what a pump and dump
jmho
I wonder if these clowns got any oil odor today? Lol
Hey where is todays update
anyone think this is a pump and dump ????
jmho
I wasn’t crazy about it either but we will see what comes of all the wells in the coming weeks. Mechanical issues do occur often in this sector. I still think value is here and they are working on something to bring value to shareholders. Considering since the run it has held its own for many days from where we started.
company is making rapid progress quite obviously.
you dont bring in a VP of finance just for the hell of it.
Just loved the excuse for not reporting production
bearing had to be replaced on the electric motor !
Wow must be a special motor , when the bearing usually go out on a electric motor it usually means a rebuild or junk pile
I can see todays report , pumped 50 barrel frac water and a smell of crude
jmho
$342k slow volume day. See what happens during the week based on pump results. Technical analysis shows a golden cross approaching on the daily.
What did they even see to frac this turd?
Omg, where did the millions and millions of dollars worth of oil go that was allegedly in this wells,? Lol. Nutech has never been right that I know of
'Mau5'
Guess you have a pet rock , did you like the update ??
My guess the well is a dud , sorry you lost you $$$$$$$$$$$$$$$$$
jmho
You my friend are what we call a retard
Should have bought at .05 sucker.
Tiger Money'
Did they pump it up last summer and bang bottom drop out of it . When they shot the holes in the casing in this zome they got water . Now what does that tell YOU ?
Hint not short , waiting to see if they get ANY oil , HINT any oil !
My guess little oil in monday report and remember MDMP only get 1/8
jmho
you really don't like this company do you? I hope you haven't been short, just saying. looking to jump in here potentially
$257k dollar volume. More than ten times less $ volume traded today than yesterday. Two updates one being the well which should get a good report on the yield Tuesday as Monday market is closed. We then saw an official PR release through otc of Mr.Cohen being promoted to VP of finance. Appears to be positive and may lead to something we are unaware of for now. All the best guys and enjoy the long weekend!
$2.9 mil dollar volume. Major roller coaster of a day LOL! It got bought up heavy as much as 32% HOD to close up 2.5%. The trading action appears to have been a stop raid. The volume is also curious. Monday-$361k Tuesday-$222k Wednesday-$316k and today- $2.9mil. Say what you will about the company but this volume today was not retail and the fact it is holding up so well after a strong run as it has for the month indicates to me in my opinion this is insiders. No material information came out and so much action on the board for a down day on the broader markets. Interesting times ahead for all of us who are long.
MDMP, good run. My 0.04 shares looking better and better.
pepeoil'
When the company reported that the zone had water in it would YOU frac that well ??
thanks
Ouch. Shorts getting smacked. Haaaaa.
How did that high pressure hold up on that balloon? Lol.
$316k dollar volume. Solid update and action today. Should see what we are pulling in the coming days. It’s being held nice by longs and insiders prior to the release. Well done all!
$222k dollar volume. Lowest volume day so far and generally a slow day as well. Oil also dropped today as the Russia/Ukraine crisis eased slightly. Still solid that it has held well in this range.
Mattrixinvest'
I agree 100 % with you , nothing but a big pump and dump . One thing i reaaly liked was they put the tubs and rods back in and then started to swab the well
jmho
Yeah and they say they had third parties with “estimates” of oil it’s all word jargon to hype up what seems really unrealistic.
$MDMP
pepeoil
When a well salts up how can you break up the salt and another thing most tubbing is 2 3/4 inch diameter except the very big producing wells . This well that MDMP has a 4 1/2 in casing .
This joke said they installed the tubbs and rods the day after the frac job and NOW they say the tubbs and rods were delivered YESTERDAY
My guess this is just a pump and dump , just ask those that bought last year at the high or about
jmho
$361k dollar volume. Held up extremely well, 4 days remaining in the same range after a run is very positive and indicates buyers are holding to see the results of the drilling. Low volume day in general and it has the potential to move strong when we see buying like the days prior.
Field Update: Brown #1 well has had 1207 bbls swabbed into frac tank. Had pump delivered and running rods. We can pump over 200 bbls per day which is close to what we have been getting from swabbing. Pump will be set 70 feet above top perforation. $MDMP #MDMP
— mdmpermian (@mdmpermian) February 14, 2022
'crudeoil24'
When a company drills a well and logs it and reports the results by saying zone is wet that means has water in zone .
Note i have had several companies that report dud wells like this .
jmho
These jokers say they installed the tubs and rods and are now swabbing the well .
ROTFLMAO
jmho
"Wet" is a statement about surface tension. Some liquids will wet a surface. This means that the liquid will adhere to the surface. eg water, gasoline all wet tissue paper. Mercury liquid does not wet paper, skin, wood etc. but it will wet many metals. getting mercury on a gold wedding ring ends up with the mecury attached to the surface of the gold.
$830K dollar volume. Dipped as much as -22% throughout the day and each time showing support at 0.17. Closed the day down -9% which is generally good considering the run and three days of sideways action is healthy from a technical standpoint. Oil is generally going to be very expensive for the time being. The recent issues between Russia/Ukraine are contributing to this as well as supply constraints globally. We are in a good position if the oil they drill is quality for production.
It remains to be seen. The buying pressure is not at all retail imo. Too many large orders and it appears like people know results before any of us. If it is in fact a dead pump I’ll sell my shares for a nice profit. I know you have been buying the past few months so you should be smiling ear to ear with mega profits lol! Stop pretending you aren’t happy about this run finally ;)
Antiochious'
Well should be blow alot of NG and is not , you can not swab a well with the tubbing already installed . Well should never been fraced already had water in zone .
jmho
$1.01mil dollar volume, mostly side ways with some large block buys. Likely more people buying in the know of the results likely to come from the company in the coming days. Lots of positive updates coming from the Twitter account of what is occurring on site.
https://twitter.com/mdmpermian?s=21
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Audit Services
MDM Permian, Inc. is in the final stages of our audit being performed by M&K CPA’s, Houston, Texas (performing both Tax and Audit services). They will be doing Federal tax returns for both MDM Permian, Inc. and MDM Energy, Inc. They are also performing an audit looking back 2 years that will allow for the company to move to QB. M&K is a PCAOB Registered Firm and can be found at www.mkacpas.com"
3/31/22: “We are excited about the progress we made over the last year.” states Mr. Michael Rafael, President of MDM Energy, Inc. “The company raised a considerable amount of money to fund operations, purchase production, enter rebranding and marketing agreements in preparation for a much larger funding effort for 2022.” MDM Permian, Inc. has also engaged M&K CPAs to conduct an audit that is expected to be completed in April of this year. “Once we have our audited financials, we will apply to up-list to QB status and become fully reporting.”
https://www.otcmarkets.com/stock/MDMP/news/MDM-Permian-Inc-Annual-Report-and-Disclosures-Posted?id=350297Volume | |
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