Announcement • Mar 26
MDM Permian Inc. Announces the Appointment of Michael Cohen to its Advisory Board MDM Permian Inc. announced the appointment of Michael Cohen to its Advisory Board, effective immediately. Mr. Cohen brings with him a distinguished career of over 35 years in the investment banking industry, having contributed significantly to the success of numerous high-profile financial institutions and their clients. Throughout his illustrious career, Michael Cohen has demonstrated expertise and leadership in the investment banking sector. He has served in pivotal roles at prestigious firms such as Lehman Brothers and Oppenheimer, among other securities companies, where he honed his skills in financial structuring and strategic investment. His vast experience encompasses raising capital through initial public offerings (IPOs), secondary offerings, and private placements; marking him as a veteran in the field of corporate finance. Mr. Cohen's client portfolio is a testament to his broad influence and capability, including institutional and corporate clients, as well as ultra-high net worth individuals. Furthermore, his collaborative efforts with money managers and hedge fund managers in fund-raising activities have been instrumental in the growth and success of a myriad of investment initiatives. Announcement • Sep 15
MDM Permian, Inc. announced that it expects to receive $10 million in funding MDM Permian, Inc. announced a private placement to issue common shares for the gross proceeds of $10 million on September 13, 2023. Announcement • Mar 10
Mdm Permian, Inc. Announces That Plans Have Been Completed to Begin the Drilling of the Lindley #4-A Well in Irion County, Tx MDM Permian Inc. has announced that plans have been completed to begin the drilling of the Lindley #4-A well in Irion County, Tx. The Lindley #4-A well location is currently permitted to a depth of 2,000 ft. targeting the prolific San Angelo Sands. A Tinsley Drilling Company rig is scheduled to move onto the location during the last week of April. The location is very small with rock is at the surface, so steel pits will be utilized and provided by Tinsley. Hot Splash Mud Co. will supply the drilling fluids and PSI Wireline will provide logging services. NuTech Energy has provided an impressive log analysis and an Advanced Reservoir Characterization of the target zone on the nearby Lindley #A-3 well, which was drilled in 1984, produced from the Canyon Sands at a depth of 6,700 ft. and recently plugged due to shallow casing leaks and poor casing integrity. The Lindley #A-4 location is a direct offset to the #A-3. The expected section is 30 ft. thick and shows high permeability and oil saturation. NuTech analysis indicates that the zone has the potential for over 100,000 BO over the life of the well.