Thursday, February 21, 2019 9:58:32 AM
BestNPet Completes Reverse Merger With Texas Based MDM Permian LLC and MDM Energy Inc. GlobeNewswire "Press Releases"
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.
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