$MRVKY Maverick Drilling & Exploration Opens
Post# of 273242
Posted On: 09/16/2016 9:04:21 AM
$MRVKY
Maverick Drilling & Exploration Opens Data Room To Evaluate Divestment Of Blue Ridge Field Assets
PR Newswire - Tue Aug 02, 10:58AM CDT
Maverick Drilling & Exploration Limited (ASX:MAD, OTCQX:MRVKY) ("Maverick" or "the Company"
today announced that it has opened a data room to test the divestment of its producing oil properties in the Blue Ridge field, a piercement-type salt dome located south of Houston, Texas. Maverick has nearly 100 percent working interest in approximately 700 acres that are currently producing an average 500 gross barrels of oil per day. The Company has engaged the Oil & Gas Asset Clearinghouse ("Clearinghouse", a leading broker-dealer and A&D advisory firm in Houston, to assist in the potential sale. The small working interest in the field not owned by Maverick will also be marketed.
Maverick Drilling & Exploration Opens Data Room To Evaluate Divestment Of Blue Ridge Field Assets
PR Newswire - Tue Aug 02, 10:58AM CDT
Maverick Drilling & Exploration Limited (ASX:MAD, OTCQX:MRVKY) ("Maverick" or "the Company"
today announced that it has opened a data room to test the divestment of its producing oil properties in the Blue Ridge field, a piercement-type salt dome located south of Houston, Texas. Maverick has nearly 100 percent working interest in approximately 700 acres that are currently producing an average 500 gross barrels of oil per day. The Company has engaged the Oil & Gas Asset Clearinghouse ("Clearinghouse", a leading broker-dealer and A&D advisory firm in Houston, to assist in the potential sale. The small working interest in the field not owned by Maverick will also be marketed. 
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