MSEV also wishes to report that it has been informed by the operator that the frac for the Wimberley #5 is set to take place within one week barring any unforeseen issues. This is the fourth well of the seven to be worked on in this prospect. The first three wells drilled have all been successfully completed and are currently producing revenue for MSEV.
Bernie McDougall, President of MSEV stated, "We continue to drill and look for additional projects that will build the company. Management feels that being involved in as many prospects that make sense to our growth strategy is the best way to build the company. We have had exceptional success in drilling this year increasing our sources of revenue from two wells to 14 wells, and we hope to continue this type of success and growth in the near as well as long term."
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