Local News
  BACK Hotels Jobs Real Estate Cars Apartments Shopping

Published:

Miller Petroleum Mobilizes New Drilling Rig


HUNTSVILLE, Tenn., Aug. 21 /PRNewswire-FirstCall/ -- Miller Petroleum, Inc. (Pink Sheets: MILL) has mobilized its newly acquired 2007 Atlas RD20 III drilling rig. This rig was previously in operation inTexas and has recently been reconfigured to operate efficiently in the Appalachian Basin area. The drilling rig and support equipment have now been mobilized to drill a series of wells in Miller Petroleum's Lindsay lease holdings.

Scott M. Boruff, Miller's newly appointed Chief Executive Officer, said, "This is an exciting time for Miller Petroleum as it embarks on an aggressive drilling initiative. In the past the Lindsay lease has proven to be a solid area for drilling and I anticipate strong results from our efforts to further develop this field."

About Miller Petroleum

Miller is an oil and gas exploration and production company actively engaged in the exploration, development, production and acquisition of crude oil and natural gas primarily in easternTennessee. Over the years, Miller has drilled more gas and oil wells inTennessee than any other company.

Certain matters discussed within this press release are forward-looking statements. Although Miller Petroleum, Inc. 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 financial performance, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Miller's reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.

SOURCE Miller Petroleum

Tags: ,OIL,DSC,PDT,TN-Miller-Petroleum
   _   _

  care2 logo   digg logo   blogger logo   newsfeeder logo   netscape logo  
Is your favorite bookmark site missing? Ask for it.