Maverick Energy Group, is a rapidly growing US independent currently positioned to benefit from the current rise in both oil and natural gas prices. Declining production and depletion of existing reserves within the United States is causing increased pressure on state and federal agencies to create incentives for oil and gas operators and the investment community. Such incentives will encourage operators to drill for new reserves and rework the hundreds of thousands of existing wells that are either temporarily abandoned or marginally productive.
Shareholders want to be able to trust the public companies in which they invest and the officers who manage these companies. We are committed to building shareholder trust by continuing to provide the support, technology, and environment in which trusting, fruitful relationships can flourish.
As the owners of Maverick, our shareholders can rely on our commitment to service and innovation, which we believe will help our shareholders' achieve financial freedom and success.
[...] Sherlock was appointed as Director and Secretary of the public company SanAnco Energy Corporation, a Texas corporation, which was subsequently reincorporated in the State of Nevada in 2000, and the name changed to Maverick Energy Group. Maverick's focus is on oil and gas exploration and particularly secondary recovery using horizontal drilling. Mr. Sherlock was elected Vice-President of Maverick in 2001. In addition to his continued legal practice, Mr. Sherlock formed Sherlock Consulting Corp. in 1999, which assists small businesses with raising capital and going public. [...]
[...] CURRENT PROJECTS WEST VIRGINIA PROJECT DESCRIPTION AREA OF OPERATION Maverick believes it is an opportune time to drill new wells in select areas of the Appalachian Basin. The North Central West Virginia area has enjoyed stable gas prices over the past 30 years, this being due to the locale of this area to the eastern seaboard and its markets and industries, coupled with the large amount of storage fields which allows for a year round continual flow of gas. These factors have allowed the gas industry to give the Appalachian basin a higher MCF price than other areas of the country and are termed the Appalachian Index when observing national market prices of gas. [...]
[...] Maverick Energy Group is seeking $100,000,000 in equity or debt financing, or a combination thereof to allow the Company to undertake its strategic business development efforts, including the funding and operation of acquisitions of proved and developed producing oil and gas properties, focusing on properties that have additional infield drilling locations. Once funded and revenue projections are met, the Company intends to use cash flow revenues, after loan repayment, to continuously exploit additional oil and gas opportunities whereby investors/shareholders capitalize on the Company's innovative and patented technology. [...]
[...] The Company will be in a position to safeguard investor return, and believes that because of the relatively predictable price trading range of oil, gas and coal, albeit in a wide range, Maverick Energy Group could become a significant regional oil and gas producer. We are highly confident that our company will become known as the place where investors and shareholders feel part of our growing company and participate in the wealth opportunities we have created. Specifically, Maverick, with its innovative thinking and competitive products and services, will change the industry, affect lives, and improve performance in all the markets we serve. [...]
[...] He is an international consultant in all aspects of oil and gas with primary emphasis on energy engineering, natural gas, reserve evaluation, modeling, and secondary and enhanced recovery. Dr. Crichlow has 10 years academic experience as Associate Professor, Erle P. Halliburton Distinguished Professor of Engineering, and Director/Chairman of the School of Petroleum Engineering, Geological Engineering and Natural Gas Engineering at the University of Oklahoma. He also initiated, developed and directed the USGS Certified Oil Well Blowout Control Systems School at the University of Oklahoma to provide blowout control techniques for drillers and engineers and to certify these personnel worldwide. [...]
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