Maverick Energy Group Ltd (MKGP)

[Ricosauve]

Im reposting the link to the corporate website that shows the update from 1/15 ... I took the liberty of correcting a couple of minor inaccuracies in spelling and grammar below...

http://www.maverick-energy.com/mkgp-founder-announces-new-team-members-and-transfer-agent/

MKGP Founder Announces New Team Members and Transfer Agent

January 15, 2020 by McCabe0

Maverick Energy Group, Ltd. (OTC Markets, MKGP) is pleased to announce that its Board of Directors has begun work to re-establish the company with OTC Markets starting as a Pink Sheet Non-Reporting company. The following are steps in this process. Mr. Richard Bednar and Mr. Brice Bogle have stepped down as President and CFO respectfully. The company appreciates their work and support of the company. They contributed greatly to maintaining the company’s status during the past lull in activities.

While both have private interests that preclude their maintaining an active role in the company, they have expressed their continuing support going forward. Mr. James McCabe will serve as President and CEO while Ms. Christiane Lopez will continue to serve as corporate secretary and investor relations. We have a wonderful group of professionals that have joined the company whose descriptions can be seen at www.maverick-energy.com.

The company has been able to move the company back on the Pink Sheets recently and has also retained Mountain Share Transfer as the company’s new Transfer Agent. We are bringing the corporate financials up to date to be current with OTC markets. This should be completed within the next few weeks.

Maverick is currently the operator of over fifty wells in the seven thousand acre Big Foot Field located primarily in Frio County, Texas. The company continues to operate wells that it drilled prior to 2012 known as the Larremore in Caldwell County, Texas; the Hudson and Digman in West Virginia; and the Crouch Lease in Frio County, Texas.

These wells continue to produce a small amount of revenue for the company. To accomplish the steps necessary to be current on the public side and to move foreword on the Operational side, financing is always key. In this regard, Mr. Reed Morgan has joined the company as head of Business Development, Finance, and as a Director. With Mr. Morgan’s help, the company is currently in its refinancing stage. Concerns regarding company financing may be directed to the following email addresses:

Mr. Morgan
[e-mail] or

Mr. McCabe
[e-mail].

Going forward the company plans to build the company on proven business models of quality oil and gas acquisitions in North America that have upside developmental potential. The company plans to use horizontal drilling, with the expertise of Mr. David LaPrade to bring an economic force multiplier to the company’s acquisitions and development.