Miller Petroleum Mobilizes New Drilling Rig
21 Août 2008 - 8:19PM
PR Newswire (US)
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 in Texas 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 eastern Tennessee. Over the years, Miller has
drilled more gas and oil wells in Tennessee 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. DATASOURCE: Miller Petroleum CONTACT: Teresa Cotton of
Miller Petroleum, Inc., +1-423-663-9457, fax +1-423-663-9461 Web
site: http://www.millerpetroleum.com/
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