Archive for April, 2011
Quarterly reports for Q1 2011 are now available Posted 13 April 2011 by mpg. Blog, MPG Updates
Q1 2011 quarterly statements are now available to MPG investors. Distribution checks as well as copies of Q1 2011 quarterly statements are being mailed this week.
Posted 6 April 2011 by mpg. Blog, MPG Updates
Managed Petroleum Group, Inc. Announces NEW Trap Door Project
Managed Petroleum Group, Inc. has commenced funding of a new two (2) well project in Pottawatomie County, Oklahoma.
The two well package will be offered under a Turnkey Drilling Contract. MPG is currently offering its qualified participants the opportunity to review this project.
The Trap Door Project will have various industry partners involved as well as the project’s limited partners. These wells should produce oil with associated natural gas.
Potential recoverable reserves have been estimated at 180 MBO plus associated gas by Pathfinder Exploration, LLC. Managed Petroleum Group, Inc. has run internal economics based on $4/MCF gas and $70/BO.
Current drilling prices at the above mentioned commodity prices gives the MPG Trap Door Project a strong upside potential. read more
For further information regarding topics discussed in this article please contact Managed Petroleum Group, Inc. directly at (866) 885-3221 or visit them on the web at www.ManagedPetroleum.com. Emails may be directed to Info@ManagedPetroleum.com.
MPG South Texas Project now closed to new partners Posted 6 April 2011 by mpg. Blog, MPG Updates
Due to great interest in the MPG South Texas Project L.P., new partners are no longer being accepted. The funding phase has ended and drilling has commenced. We here at MPG are excited to welcome our new partners.