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
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