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Bit optimistic in your expectations, imo. You have to follow the X thread. That's where it's promoted/pumped! Or, go to the railroad commission of Texas website. There you'll find their production numbers. Bet of Luck!
A yuge buy hitting this morning. Interesting.
We won’t know that until 4/30 when the February production data populates since management doesn’t seem apt to share their reporting.
Agreed. Very please with how it has held up after the initial run.
MDMP is holding up better than i would have thought . My guess we have set a great base and will keep going up with production news
jmho
I added at .0105 again , truck is overloaded
Added some yesterday before the run over 2 cents. Added some more today.
Can anyone confirm this Michael Cohen is the newer board advisor? He is the only one I can find with any Oppenheimer connection.
https://www.linkedin.com/in/michaelcohen2?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app
https://saicvc.com/michael-cohen-bio/
Go to OTC, they’re posted
How about a link to the Financials ?
thanks
Wow,they have about had a million in cash in the bank.That’s pretty good for a penny stock.
MDM Permian 2023 Annual Financials have posted. The shell risk has been removed and the stock is moving in the right direction. #mdmp #oilandgas
— MDM Permian (@mdmpermian) April 15, 2024
Look like some big money getting behind MSMP
jmho
Would be nice if these guys could get back over .10+
Up 23%. Where's the fireworks? Let's have a parade! Another $500 K Capital Infusion. Hip Hip...
Horrible returns for three undisclosed accredited, sophisticated $500K investors.
Look into it. Very real.
getting some volume today
HUMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
jmho
I'm sure he is extremely personable. CEO's I know of wouldn't give me the time day and I personally don't know any. They're narcissistic SOB's. They have to layoff staff (the people who actually produce something beneficial to humanity) to keep the shareholder and board of directors happy all while justifying their ridiculous salaries. They, along with government, fleece hard working American citizens of their money! They all suck, imho!
I would suggest you call him. I have experience with hundreds of CEOs. Very personable CEO if you speak with him who does not appear to be a scammer
Who is Mark T. Warner and what is FireDream Resources?
Mark T. Warner of FireDream Resources
FireDream Resources Filings
Are you Mark??? Why are you supporting this scam of a company???
Somebody is a name stealer or a scammer.
If the truth hurts a lie is beautiful. Been telling truth here since December 2019 because folks are being scammed. Provided valuable information with links to reliable resources. Do your own diligence. I do, by the way, accept your opinion. You are being bitter, jmho. Are you being a sucker?
There are zero production numbers. What does this tell you?
and YOU must be a sucker why else would you be posting here !
jmho
MDM Energy/Permian
Formerly=BestnPet, Inc. until 3-2019
Formerly=Resolute Oncology Inc. until 4-2018
Formerly=Pequot Resources Inc until 1-2013
What will they be renamed next?? SCAM
Good on you. Let him figure that out on his own. Amazing this scam lives on!
There is no production numbers according to the Texas RRC reports.
hey joker all old news , give the numbers on the reworked wells
jmho
Yawn:
MDM Drilling Bigly
Status Date Status
# API No. Operator Name/Number Lease Name Well
# Dist. County Wellbore Profile Filing Purpose Amend Total Depth Stacked Lateral Parent Well DP
# Current Queue
Submitted 07/26/2021 Approved 07/29/2021 871530 235-36479 MDM ENERGY, INC. (556516) LINDLEY 'A' 4 7C IRION Vertical New Drill - 2000 Approved
Submitted 10/25/2021 Approved 11/03/2021 873924 353-33730 MDM ENERGY, INC. (556516) BROWN 2 7B NOLAN Vertical New Drill - 7000 Approved
Submitted 07/26/2022 Approved 08/19/2022 882463 235-36540 MDM ENERGY, INC. (556516) LINDLEY 'A' 6 7C IRION Vertical New Drill - 4000 Approved
Submitted 08/09/2022 Approved 08/17/2022 882896 353-33449 MDM ENERGY, INC. (556516) BROWN 1 7B NOLAN Vertical Recompletion - 6530 Approved
86 BBL in July 2023.
MDM Energy, Permian, WTFever
Same old Same old. Show me the drilling permits. RRC.texas.gov.
Carrollton, Texas, September 9th, 2021, MDM Permian Inc. (OTCPK: MDMP) today has
announced continued good news and advances in our overall business plan in the Permian
Basin.
MDM Permian has just completed a 4-year focused study, on a 24 sq. mile area in the Permian
Basin. There are several over-looked targets in this area that have been identified, including the
San Angelo, Clear Fork, Wichita Albany, Dean Wolfcamp and Canyon Sands formations. Third
party engineers have confirmed an estimated 84 million barrels of producible oil in place from
all sections combined. At today’s prices, this area has an estimated value of as much as $5b in
undiscounted future revenues at current prices. The company plans to drill only vertical wells
that are low risk and cost as compared to horizontal wells (HZ). It estimated Lease Operating
Cost (LOE) is $8.00 per BOE-on risk adjusted return.
The Company is now planning to go into the drilling and development phase.
About MDM Permian, Inc.:
Based in Carrolton, Texas, MDM Permian, Inc. is a publicly traded energy company with
interests in oil and natural gas wells, mineral prospects. The Company’s business plan includes
building value through reserves and production in the Permian Basin of Texas. MDM Energy,
Inc. (the wholly owned operating subsidiary of MDM Permian, Inc.), has been actively involved
in the oil and gas industry since 1981 with offices located in Carrolton, Texas. Michael Rafael
has 40 years of experience in the oil and gas industry, serving as founder, President and Chief
Executive Officer of MDM Energy, Inc.(“MDM”).
FORWARD-LOOKING STATEMENTS
Statements related to outlooks, projections, goals, targets, descriptions of strategic plans and objectives, and other
statements of future events or conditions are forward-looking statements. Actual future results, including financial and
operating performance; total capital expenditures and mix; cost and expense reductions; emissions intensity and
absolute emission reductions; cash flow, dividends, debt levels, and shareholder returns; business and project plans,
timing, costs, capacities, and returns; asset management activities; results from settlement of outstanding derivatives;
workforce reductions; the outcome of litigation, tax, and other contingencies; and future accounting and financial
reporting effects of the foregoing could differ materially due to a number of factors. These include global or regional
changes in the supply and demand for oil, natural gas, petrochemicals, and feedstocks and other market conditions
that impact prices and differentials; actions of competitors and commercial counterparties; the ability to access shortand long-term debt markets on a timely and affordable basis; the ultimate impacts of COVID-19, including the extent
and nature of further outbreaks and the effects of government responses on people and economies; reservoir
performance; the outcome of exploration projects; timely completion of development and other construction projects;
changes in law, taxes, or regulation including environmental regulations, trade sanctions, and timely granting of
governmental permits; government policies and support and market demand for low carbon technologies like carbon
capture; war, and other political or security disturbances; opportunities for potential investments or divestments and
satisfaction of applicable conditions to closing, including regulatory approvals; the capture of efficiencies within and
between business lines and the ability to maintain near-term cost reductions as ongoing efficiencies while maintaining
future competitive positioning; unforeseen technical or operating difficulties and unplanned maintenance; the
development and competitiveness of alternative energy and emission reduction technologies; the results of research
programs and the ability to bring new technologies to commercial scale on a cost-competitive basis; and other factors
discussed in this report. We assume no duty to update these statements as of any future date.
mdmpermian.com
Call their IT department for recent updates!
or
Go to OTCmarkets.com for more BS!
Big woop. Less than a $5,000 expenditure. Show me the production numbers. RRC.texas.gov.
By the way, he's down 22%!
I would encourage you to call management. Very professional.
At least they are buying. Better than 99% of all small pubco's.
Would have been better if shares pusrchased was in the millions
Mark T. Warner, President and CEO of MDM Permian Inc, displayed remarkable confidence in the company's trajectory by purchasing a substantial 492,600 shares within the past month. Rachel D. Green, Vice President at MDM, also showcased her belief in the company's potential by purchasing 55,000 shares during the same period.
jmho
Be nice if this was a couple Form 4s, but instead a PR is published.
https://www.otcmarkets.com/stock/MDMP/news/MDM-Permian-Incs-Executive-Team-Demonstrates-Confidence-in-the-Companys-Future-with-Substantial-Personal-Share-Purchases?id=417812
Yeah… if they let it… but they just continue to dilute
interesting day for MDMP , looks like going higher.
jmho
Decent news yesterday.
MDM Permian sponsors $10MM Reg D Offering that will NOT dilute current shareholders. https://t.co/K7SXRiNRE3 #oilandgas #MDMP
— MDM Permian (@mdmpermian) September 13, 2023
people should have known a long time ago how this was going to turn out. so predictable
The last time this stock was this dead it suddenly exploded and ran to .94
Lol, Old raffy the failed promoter is now the field guy? Bwahaaaaaaa. That clown can’t find oil at a gas station
Yep, old Raffy quit and sold his shares in this turd.
Elon must've put a stop to this crap. Good on him!
Twitter. Watch the spike when the tweet.
Hey MDMP is getting some volume again today
must be good news soon
jmho
Are these clowns still producing a few gallons of oil per day?
where the heck do we find the news on mdmp
i see IH has changed that INFO
jmho
Did Exxon ever buy this Permian beast out yet?
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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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