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MDM PERMIAN INC - $MDMP STOCK NEWS

Welcome to our dedicated page for MDM PERMIAN news (Ticker: $MDMP), a resource for investors and traders seeking the latest updates and insights on MDM PERMIAN stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect MDM PERMIAN's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of MDM PERMIAN's position in the market.

Rhea-AI Summary
MDM Permian Inc. appoints Michael Cohen, a seasoned investment banking professional, to its Advisory Board. Cohen's 35-year career includes key roles at Lehman Brothers and Oppenheimer, specializing in capital raising through IPOs, secondary offerings, and private placements. His appointment is expected to enhance MDM Permian's growth strategy and shareholder value in the energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.56%
Tags
management
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Rhea-AI Summary
MDM Permian, Inc. secures a $500,000 capital infusion from two investors for reworking existing wells in Texas and Permian Basin, aiming to generate substantial income and maximize shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.11%
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none
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Rhea-AI Summary
MDM Permian, Inc. (MDMP) has announced a capital infusion of $500,000 from three individual investors to rework existing wells in Texas, aiming to generate income for both investors and the company. The potential initial production from the wells is estimated to exceed $55,000 in gross revenue, with additional income expected from the Ogelsby well in the Permian Basin. President and CEO Mark Warner expressed excitement about using the funds to increase shareholder value and minimize dilution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
none
Rhea-AI Summary
MDM Permian, Inc announces strategic plans to rework three Cotton Valley gas wells in East Texas, with estimated reserves of 750 million to 1 billion cubic feet of gas per well. Initial production rates average 1.5 million cubic feet per day, stabilizing at 30% to 40% after the first year. The company aims to optimize performance and potential, adhering to regulatory and environmental standards.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
none
-
Rhea-AI Summary
MDM Permian, Inc. launches a $10 million Regulation D Offering to safeguard ownership stakes of existing shareholders and enhance growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
40%
Tags
-
Rhea-AI Summary
MDM Permian announces promising findings of substantial oil and gas reserves in East Texas leases, with a projected recoverable oil volume of up to 730,000 barrels. Nearby fields have demonstrated impressive production figures, indicating significant hydrocarbon potential. This highlights the potential for growth and value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
40%
Tags
Rhea-AI Summary
MDM Permian Inc. announces successful sale of first load of oil from recent East Texas acquisitions, marking a significant milestone for the company and its new management.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.33%
Tags
-
Rhea-AI Summary
MDM Permian, Inc. announces significant acquisitions and expansion into the energy sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.69%
Tags
-
Rhea-AI Summary
MDM Permian, Inc. has acquired a 90% working interest in a 640-acre lease in East Texas, strengthening its position in the energy industry. The move aligns with the company's focus on production efficiency and resource utilization.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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MDM PERMIAN INC

OTC:MDMP

MDMP Rankings

MDMP Stock Data

3.99M
Research and Development in Biotechnology
Professional, Scientific, and Technical Services
Link
United States of America
Addison

About MDMP

using decades of conventional play knowledge and state of the art nu-tech log analytics mdmp stands at the forefront of mid-level permian operators poised for developmental growth in 2021-22. through select lease targeting, strategic service provider alliances, and experience of our team we focus on building value in the ground and then capitalizing on it through select drill site development.