Ky/Tenn Report

Volume 16, Number 6 JUNE 2009

RECORD CROWDS ENJOY TOGA CONVENTION-The slow down in the oil business didn't hurt attendance at the TOGA convention as a record number of both convention attendees and golfers participated in the convention activities. More than 150 members and guests enjoyed nearly three days of activities at the Knoxville Marriott, May 13-15. Board members Vicki Guess and Lynn Wagoner teamed up with President Scott Gilbert to both plan and manage the convention. Kathy Daugherty handled most details and Treasurer Anne Byrd and sister Dean Phillips handle the registration flawlessly.

TOGA ELECTS GILBERT, WASHBURN, GUESS, BYRD-Scott Gilbert was re-elected President of the Tennessee Oil & Gas Association, to serve a second term in 2009-2010, during the TOGA Board of Directors meeting, held at the Knoxville Convention. Jim Washburn was elected President-Elect, Vicki Guess was elected Vice President and Anne Byrd was re-elected as Treasurer by the board members. Prior to the Board of Directors meeting, Board members Anne Byrd and Bob Nelson were re-elected.

SPONSORS AND EXHIBITORS MADE CONVENTION POSSIBLE-

Platinum Sponsors for the TOGA convention included:

• Acqua-Clear, Inc.
• Atlas America
• Griffith Services LLC
• Ky-Tennn Oil Inc.
• Norris Well Services
• Planet Energy
• Signature Oil Corp
• Somerset Energy Refining and Transport
• Superior Well Services
• Vinland Energy
• Weatherford International

Gold sponsors included:

• Appalachian Production Services
• Citizens Gas Utility District
• CNX Gas
• Dancing Bear Lodge
• Griffith Services Drilling LLC
• Kinzer Drilling Co. LLC
• McJunkin Red Man
• NGAS Resources/ Daugherty Petroleum
• Pense Bros. Drilling Co.
• Universal Well Services, Inc.
• USA Compression
• Westerman Company

Silver Sponsors included:

• Appalachian Land & Development, Inc.
• Bill Ray Oil Producers
• BJ Services
• Kentucky Oil Gathering
• Keystone Drill Services LLC
• NitroLift Technologies LLC
• Oak Ridge Country Club
• Scientific Drilling International
• Smith International

Bronze Sponsors included:

• AC Insurance
• Charles M. Stivers, CPA
• CountryMark Cooperative
• Spectra Energy
• Universal Forms & Systems
• Jim Washburn
• Wells Fargo Insurance Company
• Y-12 Federal Credit Union

Exhibitors included:

• Appalachian Land & Development, Inc.
• Appalachian Production Services, Inc.
• Aqua-Clear, Inc.
• Baker Hughes
• Eagle Research Corporation
• Energy Management & Services Co.
• Griffith Services, LLC
• Hagerman & Company, Inc.
• Jordan Technologies, Inc.
• Kentucky Oil Gathering
• Keystone Drill Services
• MULTI
• NEMSCO
• NitroLift Technologies, LLC
• Pense Bros. Drilling Co.
• Pi Star Data Solutions
• Regal Petroleum
• Schramm Rotadrills
• Scientific Drilling International, Inc.
• SherWare, Inc.
• Somerset Energy Refining & Transport
• Superior Well Services
• Tomboys, Inc.
• Universal Well Services
• Varel International

Thank them all year by doing business with each of them.

OIL & GAS BOARD HEARING, JULY 15, TOGA ON AGENDA-In a letter to Oil & Gas Board chairman Chuck Head, TOGA President Gilbert outlined the association's concern for the frequent use of creating policy by the Water Pollution Control Staff. In response, Chairman Head invited Gilbert to present the association's concerns during the July 15th Oil & Gas Board hearing.

YOUNG OIL FILES FOR BANKRUPTCY- Young Oil Corporation has voluntarily filed for Chapter 11 bankruptcy in the U.S. Bankruptcy Court in Bowling Green. The filing pointed out that Young Oil is being investigated by the Kentucky Office of Financial Institutions, regarding alleged violations of security laws. On December 22, 2008, the Franklin Circuit Court appointed a receiver to manage the company. According to the filing, since the receiver took over operations, wells have not been operated property, production reports and payments have not been made to investors. All this led to the voluntary petition by Young to regain control of Young Oil Company assets and operations. The next hearing is tentatively set for June 29, 2009.

DUES-Final notices have been sent to the 51 members of TOGA who have not paid their 2009 dues. If any fail to respond by June 20th, they will be removed from the membership list. As of June 1, 2009, 112 members have paid their dues for 2009. If you haven't paid yet, please send a check today. We need your support and participation, especially facing an administration that seems to be trying to tax us out of business.

CHRISTMAS PARTY DEC. 12TH, DANCING BEAR LODGE-Toga President Scott Gilbert has announced that the TOGA Christmas Party will return to the Dancing Bear Lodge in Townsend, on Saturday, December 12th. The 2008 Party was a roaring success, thanks to the efforts of Vicki Guess and team. More information will be available in future newsletters. Mark it on your calendar and plan to attend.

TENNESSEE MAY PERMITS: Fentress County - Hornet Oil & Gas Corp., Larry Johnson #1-A, 2000', Moodyville/ Overton County - Able Oil Company, Johnson Barry #5, 2000', Keblo Energy LLC, Richard Copeland #1, 2000', Tennessee Energy Dev, William Sells #2, 900', Alpine, Limestone Drilling Inc, Dezell Parrott #2, 500', Arrowhead Crude Inc., Donald Dale etal #1, 2000', Outdoor Resources, Steve Daniels #1, #2, 2500', Livingston, Pargon Trading Co., LLC, Ronnie Smith #1, 2000', Alpine/ Pickett County - Keblo Energy LLC, William Crockett #1, 2000', Moodyville

KENTUCKY MAY PERMITS: Barren County - Ricky Bell, Wayne Boston, #2, Maximum Energy Development, LLC, Jeff Botts, #2, Leipers Ls/ Clinton County - Steve Burchett Oil Co, Robert Boles, TS1, Billy Gray, BB1, Freddie Burchett, #1, Rick-Rod Oil Company, Inc, Teddy Hicks, 2RR, Knox Gp/ Cumberland County - Bruce Wilson Oil Inc, Grady Holman, B&C 1, Joe Todd Oil Project, Clifford Riddle, #1, Knox Gp/ Harlan County - Daugherty Pet, Inc, Equitable Production Company, DPI 1264, Huron Mbr, Ohio Sh, Penn Virginia Operating Company, LLC DPI 1900, Devonian, Lower Part/ Leslie County - Journey Operating, LLC, Equitable Production Company, CCBL 11, 74, Big Lime, EQT. Production Company, Kycoga Land Company, #568336, Huron Mbr, Ohio Sh/ Letcher County - Daugherty Pet, Inc., Penn Virginia Operating Company, LLC, DPI 1903, DPI 1904, DPI 1905, DPI 1901, DPI 1902, Quality Natural Gas, LLC, James D Ison ET AL, #2025, #2026, Clean Gas, Inc, James O. Morgan, ET AL, #400, Devonian, Lower Part, EQT. Production Company, Equitable Production Company, LLC, #569169, #569321, #568260, #568476, #568477, #568192, Cleveland Mbr, Ohio Sh, #569170, #569322, #569335, #568475, #568478, Huron Mbr, Ohio Sh, Clean Gas, Kentucky River Properties, LLC, #420, Quality Natural Gas, LLC, Kevin & Ashley Roark ET AL, #2087, Devonian, Lower Part

The Ky/Tenn Report is published monthly and distributed at no cost to oil and gas operators in Tennessee and Southern Kentucky. It is owned and operated by W.D. Goodwin, Inc., The editor is Bill Goodwin, e-mail: tmdbill@aol.com it is the official publication of the Tennessee Oil & Gas Association, 750 Old Hickory Blvd, #150-2, Brentwood, TN, 37027. Phone 615.371.6137, Fax 615.599-1806. Web site: www.tennoil.com.

KY/TENN REPORT
750 OLD HICKORY BLVD, #150-2
BRENTWOOD, TN 37027