Archive for the ‘MPG Updates’ Category
LEO Cox-Mills # 11-2 currently being drilled Posted 2 May 2012 by admin. Blog, MPG Updates
The LEO Cox-Mills 11-2 was spudded on April 24, 2012. As of May 1st, drilling depth was at 302 feet. Surface casing is planned to be set at 1,300 feet. T.D. is estimated to be reached the week of May 8th.
MPG Smackover Project now drilling first well. Watch the video. Posted 6 February 2012 by admin. Blog, MPG Updates
Quarterly reports for Q2 2011 are now available Posted 29 July 2011 by admin. Blog, MPG Updates
Q2 2011 quarterly statements are now available to MPG investors. Distribution checks and hard copies of the quarterly statements have been mailed.
MPG partners can access these reports as well as account details and project updates here. If you need help logging into your account, please contact us.
Quarterly reports for Q1 2011 are now available Posted 13 April 2011 by admin. 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.
MPG partners can access these reports as well as account details and project updates here. If you need help logging into your account, please contact us.
Posted 6 April 2011 by admin. 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 admin. 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.
Price B#1 well tests at 650 barrels of oil and 2300 MCF of gas per day Posted 29 March 2011 by admin. Blog, MPG Updates
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The well tested at 650 barrels of oil per day and 2300 MCF of natural gas per day with estimated reserves of over 300,000 barrels of oil in this S-3 Sand zone alone. The well has been shut in awaiting hook up to the local oil and gas pipelines. This should only take 2-3 weeks to accomplish according to the operator Martin-Marks. Needless to say, we are all very excited by the prospects of this well that has multiple zones of potential pay. Congratulations to the MPG Coquille Bay Project, LP and to Martin-Marks Operating Company for all of their hard work in the field. |
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Posted 18 February 2011 by admin. Blog, MPG Updates
Managed Petroleum Group, Inc. Announces NEW South Texas Project
Managed Petroleum Group, Inc. has commenced funding for their new MPG South Texas Project Limited Partnership, a four (4) well project located in Live Oak and Bee county, Texas.
The four well package will be offered under a Turnkey Drilling Contract. MPG is currently offering its qualified participants the opportunity to review this project.
The South Texas Project will have various industry partners involved as well as the project’s limited partners. These wells should produce natural gas with associated oil.
Potential recoverable reserves have been estimated at 1,800,000 CF and 6,697,500 BO for all wells. 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 South Texas 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.
Quarterly reports for Q4 2010 are now available Posted 18 February 2011 by admin. Blog, MPG Updates
Q4 2010 quarterly statements are now available to MPG investors. Distribution checks as well as copies of Q4 2010 quarterly statements have been mailed.
MPG partners can access these reports as well as account details and project updates here. If you need help logging into your account, please contact us.
Quarterly reports for Q3 2010 are now available Posted 10 November 2010 by admin. Blog, MPG Updates
MPG investors can now view their Q3 2010 quarterly statements right here on our website. Distribution checks as well as copies of Q3 2010 quarterly statements have been mailed.
MPG partners can access these reports here. If you need help logging into your account, please contact us.
