InvestorsHub Logo
Followers 1
Posts 220
Boards Moderated 0
Alias Born 03/16/2005

Re: None

Tuesday, 06/07/2005 6:58:08 PM

Tuesday, June 07, 2005 6:58:08 PM

Post# of 33129
How soon? Is the time frame needed to certify results to the Railroad Commision reason for delay? Are they waiting for completion of testing for all 3 wells to maximize the PR impact? Could they also be shoring up additional leases to enlarge exploration field? Don't know, but the management also has a 330 million share stake in this coming together. I'm betting soon. Just a brief from another outfit that just completed a drill and shows infastructure or pipelines not required before testing of the well.


Thursday, November 18, 2004

Maverick Oil and Gas, Inc. has reached total drill depth of 6,245' on Travis 641-H, the second well in its Maverick Basin project in Texas, and is awaiting completion after the rig moves off location. Maverick anticipates that testing will be completed in two weeks, after which facilities and pipelines will be constructed. First sales are anticipated early next year. A third well is expected to be started sometime in January. The Maverick Basin project is Maverick's joint venture with Blue Star, the independent owned by Jerry Jones, and Touchstone Resources USA Inc. Maverick has a net 37.5% interest in the project