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Thread: Market Watch for the week of 8/9/2009

  1. #501
    thetree is offline
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    .... And I'm a machinist!!

    Anyway feel free to delete that post whenever you feel it would be prudent. goodnight all.

  2. #502
    atmgeek1 is offline
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    You guys ever look at OTC Miller Petrolium (MILL)?? I was reading some posts on yhoo and some speculate that you may be able to judge # from miggle by evaluating the #'s from Miller. Miller themselves seem to be making aquisitions that have made them the biggest in Tennessee.

  3. #503
    billhart22 is offline
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    Quote Originally Posted by thetree View Post
    .... And I'm a machinist!!

    Anyway feel free to delete that post whenever you feel it would be prudent. goodnight all.
    I will delete it or you can. Nobody else can.

  4. #504
    atmgeek1 is offline
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    Quote Originally Posted by atmgeek1 View Post
    You guys ever look at OTC Miller Petrolium (MILL)?? I was reading some posts on yhoo and some speculate that you may be able to judge # from miggle by evaluating the #'s from Miller. Miller themselves seem to be making aquisitions that have made them the biggest in Tennessee.
    Here is thier latest pres release. I know, I'm bored and reaching here


    Massive Acquisition Activities at Miller Energy Resources Result in 10-K Extension










    HUNTSVILLE, Tenn., July 31 /PRNewswire-FirstCall/ -- Miller Petroleum, Inc., dba Miller Energy Resources, (OTC Bulletin Board: MILL) announced today that it has filed an extension of its most recent 10-K due July 29, 2009. The extension was required as a result of the recent acquisition of East Tennessee Consultants, Inc. (ETC) and Ky-Tenn Oil, Inc., (KTO) that has made Miller Energy Resources the largest operator of natural gas and oil wells in Tennessee.


    Miller CEO Scott M. Boruff commented that, "The majority of the processes necessary to assure the integration of KTO and ETC into Miller have been completed successfully. The ongoing upgrade of our IT systems, which is being optimized to quickly analyze and integrate our present and upcoming acquisitions, coupled with the integration of two major acquisitions, caused a delay in our filing. We anticipate filing the 10K well in advance of the fifteen days afforded to us and expect completion of our technology upgrades by fall. Our new systems will assure timely filings in the future and are another example of the successful execution of our ambitious business plan going forward."


    Boruff added, "The new IT systems at Miller are being developed at our expense to assure complete transparency to our investors of all financial aspects of our $20,000,000 income and $25,500,00 drilling offerings. Our "Investor Portal" will allow for complete and secure comprehensive communication with our investors over the net. Beta testing will be completed in the next week and we go live via Webinar demonstration on August 7, 2009. Our rock solid IT foundation that is close to completion will allow our organization to expand at the rate necessary to become a major player on the energy stage in the upcoming years."


    About Miller Energy Resources

    Miller Energy Resources is an oil and natural gas exploration, production and drilling company operating primarily in the heart of Tennessee's prolific and hydrocarbon-rich Appalachian Basin. Company chairman Deloy Miller has a successful track record spanning more than forty years in this Basin's oil and gas industry. Since 1967, Miller has drilled or serviced over 5200 wells. Miller is currently the largest operator of natural gas and oil wells in Tennessee.


    Forward Looking Statements

    Certain matters discussed within this press release are forward-looking statements. Although Miller Energy Resources believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include, but are not limited to, the availability of sufficient capital to fund its anticipated growth, fluctuations in the prices of oil and gas, the competitive nature of its business environment, its dependence on a limited number of customers, its ability to comply with environmental regulations, changes in government regulations which could adversely impact its business and other factors. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Miller Energy Resources' actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in its periodic reports that are filed with the Securities and Exchange Commission and available on its Web site (www.sec.gov). All forward-looking statements attributable to Miller Energy Resources or to persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, Miller Energy Resources does not assume a duty to update these forward-looking statements.


    Web Site: http://www.millerenergyresources.com





    SOURCE Miller Petroleum, Inc.


    --------------------------------------------------------------------------------

  5. #505
    atmgeek1 is offline
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    BTW...to all football fans, I just heard Micheal Vick signed with the Eagles. Just another reason to hate FilthyDelphia

  6. #506
    billhart22 is offline
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    Quote Originally Posted by atmgeek1 View Post
    BTW...to all football fans, I just heard Micheal Vick signed with the Eagles. Just another reason to hate FilthyDelphia
    Well, take the Eagles off of my good list.

  7. #507
    atmgeek1 is offline
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    Has ayone ever been to the boards at B oard C entral.com? I spelled it funny as to not draw any hits from google. They have a guy there saying the miggle pr is coming soon. Most likely a pumper but what the hell do I know

  8. #508
    billhart22 is offline
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    Quote Originally Posted by atmgeek1 View Post
    Has ayone ever been to the boards at B oard C entral.com? I spelled it funny as to not draw any hits from google. They have a guy there saying the miggle pr is coming soon. Most likely a pumper but what the hell do I know
    What did he specifically say, if you can remember?

  9. #509
    atmgeek1 is offline
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    Quote Originally Posted by billhart22 View Post
    What did he specifically say, if you can remember?
    Two different posts..

    1. My brother lives in Livingston, Tenn and works for construction company. Anyway he just called me saying he was loading up on MGLG right now and said to do the same. I guess he got the inside scoop somehow.


    2. Ok, just spoke with him again since we were in a rush earlier.

    He says he was working around someone who either work's for citizen or knows alot about them and this person said everyone is buzzing about numbers being ready.
    Im all loaded up, so heads up on a PR


    My first time to those boards so I don't have a feel for the p and d situation there.

  10. #510
    billhart22 is offline
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    Quote Originally Posted by atmgeek1 View Post
    Two different posts..

    1. My brother lives in Livingston, Tenn and works for construction company. Anyway he just called me saying he was loading up on MGLG right now and said to do the same. I guess he got the inside scoop somehow.


    2. Ok, just spoke with him again since we were in a rush earlier.

    He says he was working around someone who either work's for citizen or knows alot about them and this person said everyone is buzzing about numbers being ready.
    Im all loaded up, so heads up on a PR


    My first time to those boards so I don't have a feel for the p and d situation there.
    That is interesting. It could be the truth or it could be complete B.S.. At least that gives us something to look for.

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