Past year: ▼ 99%(0.30c – 72.5c USD)
Each one in plain English, with the numbers worked through for a shareholder.
29 June 2005director officer appointment▲ GoodMajor
Signed an April 2005 farm-in with Golden Triangle Energy and Norwest Energy NL, who agreed to pay about $235,000 a well for 75% of Miller's working interest in Campbell County, Tennessee leases. They escrowed $1,175,000 for the first five wells, and director Parker Lee resigned on May 10.
13 May 2005material agreement● NeutralMajor
Borrowed $4.15 million from Prospect Energy and Petro Capital III on convertible notes due June 30, 2006, secured by liens on all its oil and gas properties, pipelines and assets. It also issued 1,000,000 five-year warrants exercisable at $0.50 a share.
9 Feb 2005auditor change● Neutral
Miller Petroleum filed an amendment to its February 2005 auditor-change report, again stating that it dropped Butch Grubb CPA for Rodefer Moss & Company of Knoxville on January 28, 2005. It adds that Grubb's report for the year ended April 30, 2004 was clean (not qualified), that there were no disagreements, and that Grubb's response letter is attached as Exhibit 16. This confirms the earlier filing rather than changing it.
3 Feb 2005auditor change● Neutral
Miller Petroleum, then a small Tennessee gas driller, replaced sole practitioner Butch Grubb with Knoxville firm Rodefer Moss as its auditor -- a step up in formality, with no disagreements disclosed.
