MGRN
News:
June 24 - Monogram Energy Inc. Issues Shareholder Update
Monogram Energy, Inc. (OTC: MGRN), an independent energy company engaged in the acquisition, development, and exploitation of oil and gas properties, wishes to congratulate its shareholders for the confidence they have shown in a small, but growing company. Monogram has just received payment on its first sale of oil from the T.W. Martin lease in Navarro County, Texas. The oil produced is sold to Plains Marketing, LP, a national concern specializing in the transportation, storage and marketing of crude oil, with its home office located in Houston, Texas.
Mr. Billy King, Chief Executive Officer of Monogram Energy, Inc., stated, "It's very rewarding to finally reap some benefits from our efforts. We really do thank our shareholders for hanging in there with us."
Mr. King became interested in the production of oil & gas during his ten years of employment as an attorney for the Halliburton Company, and with his representation of independent oil companies during his years as a private practitioner. Monogram Energy's goal is to maintain a high risk/reward profile, thereby enabling it to return the most value to its shareholders. |
