PRESS EVENT
Margaret P. Graham (President, MPG Petroleum, Inc.) is to be featured in an article in the May 2007 issue of Scene in SA Magazine in the “Mavericks” section. In this article Mrs. Graham discusses where she sees the Petroleum Market having to go to keep up with growing energy demands, and how her new company (MPG Energy Resources Corp. “MERC”) is going be involved. To read this article click on the link below:
May 2007 Scene In SA Monthly Magazine Article
GOING PUBLIC
A subsidiary of MPG Petroleum, Inc. is currently in the process of being formed and is expected to start being traded this summer (July or August 2007). The new company is to be called MPG Energy Resources Corp. or MERC for short. You can read the Executive Summary for this new company on the link below:
MPG Energy Resources Corp. – Executive Summary
The stock is to be initially offered at $1.00 to $1.50 a share and issuance is to be limited to create a low float and to support upward stock price growth as well. MPG has acquired an already existing public shell to perform a reverse merger and change the existing shells name to MPG Energy Resources Corp. (“MERC”). The Private Placement Memorandum is currently being written and will be made available to all interested parties upon request (go to the “Contact Us” page and give us your information).
Dr. Michael J. Economides, PHD, a very highly regarded and profile individual in the oil and gas industry has agreed to sit on the board of MERC. He is an advisor to Fortune 500 companies as well as world governments on Energy Policies and happens to be the most accurate prognosticator of where oil and gas are heading. Among his interest, Dr. Economides is a Professor at the Cullen School of Engineering, University of Houston.
COLLABORATION WITH THE BUREAU OF ECONOMIC GEOLOGY
MPG Petroleum, Inc. entered into a collaboration agreement with the Bureau of Economic Geology, University of Texas Austin, in March 2007. The Pearl and Ritchie Farms Prospects have been included in the BEG’s State of Texas Advanced Resource Recovery Project also known as STARR. This endeavor of the BEG involves their contributing research to oil and gas projects being implemented by oil companies. These projects must have the potential to result in the generation of significant tax dollars and royalty income to the State of Texas. Through their contributions to a successful outcome, the University of Texas receives credit in the form of additional funding from the permanent school fund. In return, MPG Petroleum, Inc. and their clients get the benefit of collaboration on it projects with some of the best minds in the oil and gas exploration business. The Bureau of Economic Geology is widely regarded as “The” think tank in geological studies and BEG publications make up a significant portion of the bibliographies of technical papers that both geologists and geophysicists widely rely upon.
Copy of the BEG Non-Disclosure Agreement
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