Oil and Gas Plays

[teomax]

MAVERICK ENERGY GROUP, small undervalued oil/gas company,
currently trading in the 4-5 cents range and they are already in profit.
I consider them as them one of the most undervalued oil/gas company on pink sheets.

See their financial data and increase in revenues, net income and shareholder equity for for the last three quaters:

Financial Data From Quarter Ending June 30th 2006
Total Revenue............................$934,589
Net Income................................$147,387
Total Assets...........................$2,379,616
Total Liabilities........................$2,016,276
Stockholder Equity.....................$363,340
http://www.pinksheets.com/quote/finance.jsp?symbol=MKGP

Financial Data From Quarter Ending September 30th 2006
Total Revenue............................$1,173,936
Net Income................................$200,752
Total Assets...........................$2,276,952
Total Liabilities........................$1,691,760
Stockholder Equity.....................$582,192
http://www.pinksheets.com/quote/finance.jsp?symbol=MKGP

Financial Data From Quarter Ending December 31st 2006
Total Revenue............................$2,460,101
Net Income................................$239,904
Total Assets...........................$2,760,132
Total Liabilities........................$1,945,036
Stockholder Equity.....................$815,096
http://www.pinksheets.com/quote/finance.jsp?symbol=MKGP

Summary:
For the period ending December 31st 30th 2006
1. Maverick saw an increase in Revenue of 110% from the previous Quarter.
2. Maverick saw an increase in Net Profit of 20% from the previous Quarter.
3. Maverick increased Total Assets by 21% from the previous Quarter.
4. Maverick increased Total Liabilities by 15% from the previous Quarter.
5. Maverick increased Stockholder Equity by 40.% from the previous Quarter.


Financial Data for the First Quarter of 2007 to be reported in the middle of June.

Current Share Count Information:
Authorized Shares............................... 500,000,000
Issued and Outstanding........................130,564,189
Restricted Shares.................................97,637,743
Float................................................... 32,926,446

CEO - James McCabe..............................44,211,243
President - Richard Bednar.......................12,344,400
Business & Financial Consultants.............15,438,039 (Richard Bednar is Managing Director)
CFO Brice Bogle.......................................7,125,000
I/R Christiane Lopez.....................................600,000



Maverick currently has an 11.517% ownership interest in Z2, and holds an option to acquire an additional 13.184% membership interest in Z2 for an exercise price of $1,000,000 (which may be exercised at any time through July 17, 2007). In the event the Company exercises this purchase option, Maverick’s ownership interest in Z2 would increase to 24.7%.

Z2 LLC (“Z2”) owns 100% of the Big Foot Oil Field (“Big Foot”) located in Frio and Atascosa Counties in West Texas. Big Foot was originally developed by Royal Dutch Shell which sold the property in 1992. Big Foot has approximately 300 production wells, of which about 240 are presently revenue producing. According to Z2's most recent engineering report (dated January 1, 2006), the estimated future net revenue from the Big Foot currently producing properties may be in excess of $38,000,000. In addition, the estimated future net revenue from the 200 Proved Undeveloped Properties (PUDs) yet to be drilled may be in excess of $353,000,000. The President of Maverick, Richard J. Bednar, also serves as the Chief Financial Officer of Z2.


Maverick is the paid operator of Big Foot for Z2. In addition, Maverick is also the part owner and operator of several producing natural gas wells, and owns approximately 50 natural gas leases in West Virginia.


Together with Big Foot oil field Maverick has interest in several small projects. Check their site:

http://www.maverickenergygroup.com


there is a great board on Ihub too:
http://www.investorshub.com/boards/board.asp?board_id=7629