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'pepeoil'
They said they were installing the tubs and rods and then were going to swab the well .
ROTFLMAO
Talk about a pump and dump
jmho
Yep, I tode you boys, the balloon they blew up deflated. Lol. What a total disaster
Field Update: Brown #1 still flowing back frac water with 40 lbs on wellhead. Made 200 bbls from 5:00 pm yesterday to 8:00am today. Total frac fluid recovered, over 600 bbls. No sand in samples. Removed choke to let well stop flow and install tubing to swab.
— mdmpermian (@mdmpermian) February 9, 2022
Carried working interest definition
https://glossary.oilfield.slb.com/Terms/c/carried_working_interest.aspx
For sure, I'm being really really careful, thought a bit... and I'm buying more!
Go $MDMP!!
Read real carefull and think.
MDM Permian, Inc. Acquires Well Interests and Drilling Locations for Its Operational Subsidiary
Press Release | 08/24/2021
Carrollton, Texas, Aug. 24, 2021 (GLOBE NEWSWIRE) -- MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin with the transfer of assets to MDM Energy, Inc.
“Today we have received the executed P-4’s for the transfer of the Peacock oil and gas well in Wise County and the Brown Lease in Nolan County.” Stated Michael L. Rafael, President and CEO.
The Peacock well is a gas well that also produces a small amount of oil from the Conglomerate/Barnett Shale. NuTech will be analyzing the logs for the best procedures to increase production.
The 308-acre Brown lease has 2 oil wells. Both have been evaluated by NuTech Energy, and we have identified an overlooked Strawn section at a depth of 6314 ft. in the Brown #1. We have designed a frac for this well based on several computer simulations, the slick water frac is proving to be the most effective for this zone and the job is out for bid. NuTech simulations indicate a 100 BOPD initial production rate with the possibility of 220,000 barrels of production over the life of the well.
{{{{{{{{{{ MDM Permian, Inc. will be the beneficiary of the immediate offset locations of this well at a 75% net W.I. MDMP will also have 1/8th carried working interest in the Brown #1 and #1-A. }}}}}}}}}}}}
The company has also entered negotiations for a 320-acre lease in Jack County, Texas, with a producing gas well. This well also has behind pipe potential and will be evaluated by our engineering partner, NuTech Energy, for future development.
JMHO
$1.25mil dollar volume! Some strong holding happening here and the results look like they will be promising! Play it safe and gather freebies guys! Let’s see it approach the ATH soon!
$66 million is the current market cap at .185
Official shares outstanding can be found on otcmarkets
Outstanding Shares
358,762,806
02/07/2022
I hope you weren't buying it thinking the market cap was $7.6M haha
Correction, whoops, tripled my money in the last week.... lol
More than doubled my money in the last week... not planning on selling anytime soon.
This company is doing it right! But as always, have to hope for everything to go right...
Go $MDMP!!
At the moment market cap is 7.6M
Hey that's great. That's about 20 million in revenue over its life. Isn't the market cap of mdmp about 70 million right now? What should this be worth?
Field Update: Good News, Brown #1 continues to flow back frac fluid to tank. Wellhead pressure 290 lbs. 300 barrels frac fluid recovered in 4 1/2 hours. Starting to get natural gas with fluid. #MDMP $MDMP
— mdmpermian (@mdmpermian) February 8, 2022
'pepeoil
Glad to see someone else that knows what is going on .
jmho
Lol. When the flow back pressure is high, that means the reservoir is tight. They blew it up like a ballon. That is not good news
what a crock of cow manure . jmho
if thing was showing crude they would be running it threw the seperator and also selling the NG . Wonder how they are burning the NG ????? Maybe a call to the Texas Railroad commision and ask them
Hey what % of the production does MDMP get ???? anyone know
JMHO
This guy is more positive than you. "For everyone asking, the tweet is great news! They are flowing back the well as we speak. And at a higher than expected flowing pressure. This well is expected to produce 220,000 barrels over its span. And is just the first of many more wells to come". https://stocktwits.com/symbol/MDMP
Mau5'
Hey why did you dump ?????
PUMP and dump .
Hey why are they flowing back into the frac tanks , how will they get the crude out of the frac tank , do not think they are allowed to vent the NG JMHO Hey are the supposed to burn the NG off correct .
To me this look like a pump and dump and your selling makes you look like a pumper.
JMHO
mean the frac water is flowing out of the well
will not know if any crude for days as you have 3500 bl of frac water , may show oil and NG
jmho
Field Update: Well had 1100 lbs shut in pressure and gas at surface. Opened to empty frac tank on 28/64 choke. Flowing through 4 1/2 casing, 420 lbs flowing casing pressure.
— mdmpermian (@mdmpermian) February 8, 2022
'ksaw'
Remember they said the zone already had water in it , my guess that is not good .
jmho
also look like day traders pumping the stock today .
jmho
Field Update: All frac equipment and sand moved to location over weekend. Ready to go with Brown #1 frac on the Strawn section. Team is in the control room and ready to go! $MDMP #MDMP pic.twitter.com/i41SRnOU7c
— mdmpermian (@mdmpermian) February 7, 2022
Looks like we are headed to another 70% day....
Hey did they
frac that well yet
will be interesting how they keep the water out
jmho
shit! we had fxkrs from canada come down here in the shale play and couldnt handle this cold. dont give me that bullshit.
Talk about a pump and dump .
Re::: Brown #1 was
perforated and completed in the Ellenburger formation at a depth of 6578 to 6590. The zone
made a small amount of oil and turned to water. MDM believes this was the result of
perforating the entire section instead of just the top four feet.
Anyone ever hear of the term wet ??
My guess the term wet means the supposed oli zone is full of water . JMHO
JMHO
roughnecks in Texas are pussies and can't work in the cold
$854k dollar volume, slight pull back that helped the RSI cool off after moving 100%+ in two days. Expect more of the same tomorrow imo. Good for swings and people wanting to get freebies before the news on the drill results.
Did they frac the well today ?
Look like the day traders were busy pumping
jmho
Nothing but day traders trading between them selfs
PUMP and DUMP at it best
jmho
So sweet... until I fill my truck.... lol
People why selling for smaller profits
Nextweek we will see 0.50 or 0.60 or 0.90 maybe 1.50 $$$$$$
Boom?
Looks more like sideways to me, regrouping, have you looked at the 5 day graph?
What do you mean down she goes? Sounds like someone cheering for Dumpers... lol
Why not we just wait for News..... of course Fridays tomorrow so scared lunch money will be in effect...
Go MDMP!!!
We will see what next week brings eh?
BOOM
what happened , down she goes .
Did someone read the news
JMHO
$1.684 million dollar volume. Incredible day again. Lets see what happens here. the build up has been solid and in anticipation of a positive result from the drilling. Protect profit as always.
Can’t blame them for this crazy weather.
guess everyone missed the news
Frac tanks on site w/ temp dropping fast. Sleet starting to coat the ground. Rig made it to edge of Sweetwater and had to park. Storm just getting started. Wind chill is 20 and freezing rain and sleet now before it turns to snow. More updates to follow. $MDMP #MDMP
LOL
JMHO
Mau5
delay after delay
nothing but a pump and dump
jmho
Shut up retard lmao I just did 180% in two days how are you still here lmao sorry you don’t know when to secure gains
More excuses another delay .
Pump and DUMP at it best.
jmho
$MDMP 60 k smoked off the Ask OTC waking up ! https://t.co/ELn6UCk4pa
— TweetVestor3 (@TVestor3) February 2, 2022
NEW TWEET FROM THE COMPANY
"Frac tanks on site w/ temp dropping fast. Sleet starting to coat the ground. Rig made it to edge of Sweetwater and had to park. Storm just getting started. Wind chill is 20 and freezing rain and sleet now before it turns to snow. More updates to follow."
Frac tanks on site w/ temp dropping fast. Sleet starting to coat the ground. Rig made it to edge of Sweetwater and had to park. Storm just getting started. Wind chill is 20 and freezing rain and sleet now before it turns to snow. More updates to follow. $MDMP #MDMP pic.twitter.com/r0L1diLp4W
— mdmpermian (@mdmpermian) February 2, 2022
$MDMP through .10 this ran to .85 last year news imminent https://t.co/xws2x54iN4
— TweetVestor3 (@TVestor3) February 2, 2022
Then sell after the “pump”. Make your money how you want. Hold if you’re confident. You just saw today a %60 increase so…. Could have flipped it if you wanted you don’t have a leg to stand on imo
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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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