Maverick Energy Group Ltd (MKGP)

[Ricosauve]

That’s about $1.4ml/yr.....clearly by using their partners technology (USR drilling) , they can rework wells cheaper than other drillers...they are clearly working on a feasibility study to see if it’s worthwhile to purchase this field... www.usrdrilling.com ...their CEo, David Laprade is on our board
....he will instrumental in studying these existing wells....imo

DIRECTOR OF HORIZONAL DRILLING

Mr. LaPrade is a longtime friend of Mr. McCabe with over 34 years’ experience in the oil and gas business. Since 1990 he has been actively involved in the development and commercialization of Ultra Short Radius Horizontal Drilling. Over the years Mr. LaPrade has planned and supervised the drilling of more than 300 wells worldwide, including the US, Oman, India, Pakistan, Turkey, Gabon, Indonesia, and Myanmar with his company; USR Drilling. He has published numerous articles concerning the capabilities and success of USR Drilling and made presentations before dozens of organizations worldwide concerning its application. He has owned and operated oil and gas properties in Texas, Oklahoma and Kansas comprising more than 100 wells in addition to over 220 wells that he owns non-operated interests in the Mid-Continent region of the USA. Mr. LaPrade and USR Drilling brings an exciting addition to the Maverick team.