An interesting piece from The New York Times last month touches upon a theme explored a few months ago. Namely, Montenegro, and specifically its Adriatic coastal towns (e.g., Tivat, Budva), is becoming the next Monaco.  Montenegro receives more foreign investment per capita than any other country on the Continent, and it’s mostly thanks to wealthy Russians.  Needless to say, the country’s tax base and development is also improving.  The price of land in Budva, for example, where Russians are building a $310 million hotel and condominium complex on a rocky peninsula, is already more expensive than in the French-speaking tax haven.  And huge investments have also been made in the country’s industrial sector. Moreover, the Russian Bear also has its paws extended nearby: In neighboring Serbia, Gazprom, the Russian state energy monopoly, recently bought a majority stake in ...

Maverick Energy Group is focused on operating and owning interest in several already producing natural gas wells in West Virginia. The company also owns additional natural gas leases in the region and plans to take over four gas wells drilled in 2006, with expected increase in production to follow.

In addition, the company is the operator of the “Big Foot Field” in Texas, which was originally developed by Royal Dutch Shell (RDS-A). There are approximately 310 production wells in the field, of which approximately 225 are currently producing revenues. A $40,000,000 Advancing Credit Facility secured with Gasrock Capital, LLC in August of 2006 and amended to $75,000,000 in November of 2007 finances the drilling operations in the Big Foot Field.

James W. McCabe, Jr. leads Maverick Energy as the chairman of the board and Chief Executive Officer. He has more than 2 decades of experience in the petroleum industry, serving in executive

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