MDM Permian Inc (MDMP)

[farml1234]

pepeoil'
When the company reported that the zone had water in it would YOU frac that well ??

thanks

[Goose69]

Ouch. Shorts getting smacked. Haaaaa.

[pepeoil]

How did that high pressure hold up on that balloon? Lol.

[Antiochious]

$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!

[Antiochious]

$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.

[farml1234]

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

[Mattrixinvest]

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

[farml1234]

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

[Antiochious]

$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.

[Johnmichael23]

https://twitter.com/mdmpermian/status/1493299965103259648?s=21

[farml1234]

'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

[crudeoil24]

"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.

[Antiochious]

$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.

[Antiochious]

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 ;)

[farml1234]

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

[Antiochious]

$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

[MoDoah]

Go $MDMP!

Another GREEN DAY!

Can't wait for positive NEWS!!

[farml1234]

WOW this company is great

They can swab a well with the tubbing in the casing .

Just check the twitter this morning and start ROTFLYAO


jmho

[karimo]

Bloomberg) -- Crude oil production from the prolific Permian basin of West Texas has topped estimates and may grow by an annual rate of 600,000 barrels a day over the next several years, according to pipeline giant Plains All American Pipeline LP.

[karimo]

financialpost.com/pmn/busin...

[pepeoil]

The Balloon popped . No flowing pressure left. Rotflmao

[Antiochious]

$1.54mil dollar volume! Today a lot of shares traded hands. Slight pull back is good considering what it’s done and a majority are still holding. Waiting to see the results from the drilling! Momentum will likely continue with updates till the news drop. Always secure profits people.

[MoDoah]

oh the horror, down less than 5%.... After the last few days of almost 300%!
Better start selling, someone is certainly shorting this stock!!! lol

[farml1234]

'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

[pepeoil]

Yep, I tode you boys, the balloon they blew up deflated. Lol. What a total disaster

[Johnmichael23]

https://twitter.com/mdmpermian/status/1491434634823213056?s=21

[Danner79]

Carried working interest definition
https://glossary.oilfield.slb.com/Terms/c/carried_working_interest.aspx

[MoDoah]

For sure, I'm being really really careful, thought a bit... and I'm buying more!
Go $MDMP!!

[farml1234]

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

[Antiochious]

$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!

[SHREDDER]

$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

[MoDoah]

Correction, whoops, tripled my money in the last week.... lol

[MoDoah]

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!!

[MoDoah]

At the moment market cap is 7.6M

[SHREDDER]

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?

[Johnmichael23]

https://twitter.com/mdmpermian/status/1491142064477962241?s=21

[farml1234]

'pepeoil

Glad to see someone else that knows what is going on .



jmho

[pepeoil]

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

[farml1234]

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

[Mr Love]

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

[abazaba375]

Booommm

[farml1234]

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

[farml1234]

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

[Johnmichael23]

https://twitter.com/mdmpermian/status/1491064175048945665?s=21

[Mattrixinvest]

Wake up!

[farml1234]

'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

[ksaw]

https://twitter.com/mdmpermian/status/1490727048607768582?t=us2LBzhWh2yI1ybSamQvrA&s=19

[MoDoah]

Looks like we are headed to another 70% day....

[farml1234]

Hey did they
frac that well yet

will be interesting how they keep the water out


jmho

[Sub Atomic master]

shit! we had fxkrs from canada come down here in the shale play and couldnt handle this cold. dont give me that bullshit.