microcaptrdr, below you will see the comments made when they last issued financial, continued growth in net income seems to be the key.
Brad
TULSA, OK — (MARKET WIRE) — 10/09/06
Maverick Energy Group, LTD (PINKSHEETS: MKGP) (Maverick) is pleased to announce the results of its second quarter earnings. The gross revenue for the second quarter ending June 30, 2006 was approximately $935,000. Then net income for the same period is approximately $147,000.
“Maverick is very pleased with the second quarter results. With the revenue now being received on the 4 West Virginia wells which were drilled earlier in the year and the commencement of the rework and drilling program at the Big Foot Field in Texas, Maverick should see a continuing increase in its net income for the second half of 2006. This coupled with the continued maintenance of the price of oil at about $60 per barrel place Maverick in a good position for Maverick’s continued growth,” stated Jim McCabe, CEO of Maverick.