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Maverick Energy Group Ltd - MKGP STOCK NEWS

Welcome to our dedicated news page for Maverick Energy Group (Ticker: MKGP), a resource for investors and traders seeking the latest updates and insights on Maverick Energy Group.

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 Maverick Energy Group'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 Maverick Energy Group's position in the market.

Rhea-AI Summary
Maverick has acquired funds to recomplete the Bonnie Davis #1 well in Jones County, Texas. The well has been reevaluated by the geologist, and work is underway to recomplete the Penn Lime at 2,960-2,968. The well was drilled by Royal Texan Resources in 2017. The PR includes details about the geological work, the mud log shows, and the initial production rates of three offset wells. It also covers the testing of the Breckinridge and Hope Limes by Trenergy, the operator, and Maverick's 50% partner.
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Maverick Energy Group, Ltd. (MKGP) forms a Joint Venture with Willcox International Holdings, Inc. to extract Lithium from saltwater brine in oil production. The partnership aims to test oil field brines in high lithium concentration areas in the Smackover Formation, Texas, and Oklahoma panhandle. Willcox will use Direct Lithium Extraction Technologies to produce battery grade lithium. The venture is supported by 'The Inflation Reduction Act' and has attracted interest from large oil companies like Exxon (XOM) for domestic lithium production.
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78.57%
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2.87%
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Maverick Energy Group Ltd

OTC:MKGP

MKGP Rankings

MKGP Stock Data

1.05M
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States
Tulsa