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MDM Permian, Inc. Acquires Well Interests and Drilling Locations for Its Operational Subsidiary

  Carrollton, Texas, Aug. 24, 2021 -- McapMediaWire -- MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin with the transfer of assets to MDM Energy, Inc. “Today we have received the executed P-4’s for the transfer of the Peacock oil and gas well in Wise County and the Brown Lease in Nolan County.” Stated Michael L. Rafael, President and CEO. The Peacock well is a gas well that also produces a small...

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MDM Permian, Inc. – Permian Basin Updates

  Carrollton, Texas, August 10, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) today has announced continued good news and advances in our overall business plan in the Permian Basin. Building value in the ground, with permits issued, reserves assessed, continuing audit services, and 2nd Quarter financials posted. “We are very excited about the growth we are able to achieve during the second quarter of 2021 and look forward to continued growth in the 2nd half of the year.” Stated...

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MDM Permian, Inc. – Permian Basin/Ft. Worth Basin Acquisitions

  Carrollton, Texas, July 20, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin of Texas. MDM Permian, Inc. today announced the acquisition of up to 3 more wells, 2 in Nolan County (Permian Basin), and 1 in Wise County (Ft. Worth Basin). We are proud to announce the engagement of MDM Energy, Inc., our operating company, taking over operations of the Brown lease (2 existing wells) in Nolan County. The...

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MDM Permian, Inc. – Permian Basin Acquisitions Continue

  Carrollton, Texas, July 16, 2021 - MCapMediaWire -  MDM Permian Inc. (OTC Pink: MDMP) continues to add acreage in the Southern Midland Basin and the Ft. Worth Basin, as WTI holds in the $75. per barrel range. MDM Permian, Inc. today announced the coming acquisition of up to 8 more wells in the Irion County area of interest. The acquisitions are being secured from local operators. The purchase of 6 wells on 3 leases, all producing from Canyon Sands with behind pipe potential, is in the...

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MDM Permian, Inc. – Permian Basin And WTI

  Carrollton, Texas, June 15, 2021 - MCapMediaWire - MDM Permian Inc. (OTC Pink: MDMP). WTI breaks the $70.00 per barrel barrier. Last summer, during the height of the COVID outbreak, oil prices slipped to sub-zero numbers. This was due entirely to the worldwide shutdown of businesses. There was no market for crude and as stockpiles increased, prices decreased until the worst possible scenario played out and oil went to -$37 per barrel. One year later the markets have started to rebound...

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MDM PERMIAN, INC. – PERMIAN BASIN FIELD UPDATE

MDM PERMIAN, INC. – PERMIAN BASIN FIELD UPDATE

  Carrollton, Texas, May 13, 2021 - McapMediaWire - MDM Permian Inc. (OTC Pink: MDMP) Provides Updated information from its field activities in the Permian Basin of Texas on the Lindley 6103 lease, Lindley A lease, and the Oglesby 1-A lease. Oil prices remain strong and are expected to continue to increase all year. LINDLEY 6103 At the end of February and beginning of March, Texas underwent a major weather event with below-freezing temperatures for about a week. Power was lost in our...

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MDM Permian, Inc. – Don Raper Joins Executive Team

  Carrollton, Texas, May 07, 2021 - -  MDM Permian Inc. (OTC Pink: MDMP) today is proud to announce the addition of Mr. Don Raper to the executive team. Don has been appointed to the position of Director of Business Development.     Don G. Raper is a senior financial manager with over 33 years of financial security experience. Don has formally worked with three publicly traded companies in the energy sector as the Head of Capital Markets that included NGAS Resources, Inc.,...

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MDM Permian, Inc. Lindley A–Lease Well Reserve Estimates

  Carrollton, Texas, March 23, 2021 - - MDM Permian Inc. (OTC Pink: MDMP) today has announced the results of the Lindley A lease wells Advanced Reservoir Characterization, Irion County, Texas. LINDLEY ‘A’ LEASE WELLS/RESERVIOR ESTIMATES “As stated in the MDM Permian Business Plan, we will be building value in the ground as well as providing cash flow from production.” says Michael Rafael, President and CEO. “We lost a year to COVID shutdowns and are now on track to make up for that lost...

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MDM PERMIAN, INC. COMPLETES FIRST STAGE OF LINDLEY 6103 OIL WELL REWORK WITH RESUMPTION OF OIL AND GAS PRODUCTION

Carrollton, Texas, Feb. 4, 2020-- MDM Permian, Inc. (OTC PINK: MDMP) today announced that MDM Energy, Inc. (the wholly owned operating company subsidiary of MDM Permian, Inc.) announced that it has completed the first stage of the re-work on the Lindley 6103 oil well located in Irion County, Texas. Oil and gas production have resumed for this well. The wells on the Lindley leases were originally drilled and completed in the late 1970’s and early 1980’s. Technology at the time was not at the...

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MDM PERMIAN INC. ENTERS LETTER OF INTENT TO DEVELOP UP TO 200 PERMIAN BASIN WELLS

  Addison, TX-October 11, 2019 -- -- MDM Permian, Inc. (OTC: MDMP) today announced the formation of strategic alliances with Frisco, Texas based FireDream Resources, LLC. and affiliates. “We are excited about these new relationships and the growth they will afford both sides in transactions moving forward,” said Michael Rafael, President and CEO of MDM Permian, Inc. The companies have signed an LOI to jointly develop up to 200 wells in the Southern Midland Basin with MDM Permian, Inc. as the...

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MDM Permian, Inc. Announces Agreement To Obtain Permian Leases

  Management Acquires 2 Leases, 4 Wells, Options On Four Land Sections   ADDISON, Texas, Sept. 24, 2019 -- – MDM Permian, Inc. (OTC: MDMP) is pleased to announce that it has entered into an agreement for the acquisition of four (4) Canyon Sand wells in Irion County, Tx. The Lindley A-1, A-2, A-3 wells, located in Section 60, and the Lindley 6103 well located in Section 61. The two (2) leases comprise 160 acres (40 acres for each well) in total. The wells are drilled to a depth of approximately...

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MDM Permian Completes Business Consolidation And Initiates Permian Leases Acquisitions

  Addison, TX-- August 20, 2019 – – MDM Permian, Inc. (OTC: MDMP) is pleased to announce the following Operations Update: Management consolidates oil/gas production plays in Texas Permian Basin In order to streamline operations and focus full attention to the Permian Basin, MDM Permian, Inc. (OTC: MDMP) has elected to completely shut down all activities in the Illinois Basin. This includes abandoning the permitted Kincaid #1 oil well location and leases. It would be financially unreasonable to...

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