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Monday, 02/19/2007 1:08:07 PM

Monday, February 19, 2007 1:08:07 PM

Post# of 84874
MKGP Microcap Report:
Encouraging Production From First Two Wells



The first well's initial production is averaging 17 Barrels of Equivalent Oil (combined oil and gas production) and the second well's initial production is averaging 30 barrels of Equivalent Oil.

In addition, the third well has been successfully drilled and is scheduled for fracture and completion the last week in February.

"Maverick is very pleased with the initial production on the two wells and looks forward to continued success on the next wells which are currently being drilled and completed " stated Jim McCabe the CEO of Maverick.
Exciting Results from The 1st Two Wells

We are very excited about the results about the production results from wells 1 & 2. MKGP continues to produce results that will add their bottom line.
Although the stock has been somewhat quiet the past several trading sessions, we see that as very encouraging for further price movement to the upside.
Our observations show selling has all but dried up and there appears to be very little stock available at these prices. With that being said we believe we are poised for a solid upside movement with the release of these very promising results.
We have said it in our last 2 newsletters and we stand by our assessment that the stock will see $0.10 in the very near future, with a clear run to $0.15 shortly thereafter. Our short term target of $0.25, we believe will be achievable in the next 90 days with our long term target of $1.25 to be reached in the next 12 to 18 months.
If you own it, stay with it! If you don't the time has come to accumulate now. We believe it is time to become aggressive
Rumors Abound

As with all stocks that are in play the rumor mill on this one is no different. We deal in facts and information that can be verified so we will not repeat any of the rumors we have heard as far as MKGP is concerned, and my dear readers we have heard many.
If any of the rumors turn out to be accurate our targets will be low. If they are false our targets are still very much in the running to prove out in the time frame we suggested.
The fundamentals and technicals are strong enough to warrant our targets.

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