Anybody know who's in the chain of title for the land MPET is drilling on out in Roosevelt County, Montana?
MPET is working over old wells and sinking some new ones.
Who were the prior operators?
Thanks for you help
Carson. Pull your head out. Other people have seen through this company in the past. Do you remember this letter?
Great BOD you got there.
Where did you receive your clown training, Sarasota?
this has been raised before, remember?
Magellan is reworking some really old wells in Montana. They may be sinking some new ones but most are 'skipjack' wells that have been there for years.
The Poplar Field was discovered and developed in 1954 by Murphy Oil Company.
The oil has to be taken out BY TRUCK. No pipelines.
Ask mgmt how many actual barrels of oil have been trucked out of the Poplar Field wells on a yearly basis.
Naturally, mgmt has "plans" to improve production but what are the actual current numbers?
Why did Aspen Exploration sell the wells so quickly if they were so great?
Thoughts are welcome.