Ky/Tenn Report

Volume 17, Number 6 June 2010

LT. GOVERNOR RAMSEY PROMISES MOVE BACK TO GEOLOGY - Lt. Governor Ron Ramsey, a candidate for Governor, followed up his speech to the TOGA convention, with a letter to members promising to move regulatory functions of oil and gas, back to Geology. His letter, dated May 27, 2010 said: I understand that your industry has faced challenges, especially since regulatory functions were moved to Water Pollution Control. Water Pollution Control does not understand your industry and therefore is unable to fairly regulate it. Their actions have slowed the development of Tennessee's natural resources, and if I am Governor, I will move the regulatory functions of oil and gas to the Division of Geology.

WASHBURN ELECTED TOGA PRESIDENT - Jim Washburn, a Cookeville-based consulting geologist was elected president of the Tennessee Oil & Gas Association during the organizations 30th annual convention, held at the Marriott Hotel, Knoxville, May 12-14, 2010.

GRIFFITH, BYRD RE-ELECTED, BOARD OF DIRECTORS EXPANDED - Vicki Griffith of Griffith Services, Oak Ridge, Convention Chairman, was re-elected Vice President of TOGA at the Board of Director's meeting, following the general membership meeting on Friday, May 14th. Anne Byrd was re-elected as Secretary Treasurer. Earlier the membership voted to expand the board of directors. New board members are: James Bruner, Planet Energy LLC, Brian Green, CNX Gas, Lonnie Jeffers, Universal Well Services, Eugene Lockyear, East Tennessee Consultants, a division of Miller Energy Resources, and Doug Roberts, Atlas Energy. Inc. Also serving on the board of directors are: Scott Gilbert, Vinland Energy: Gary Bible, Miller Energy Resources; John Bonar, Atlas Energy, Inc,; Brint Camp, NGAS Producing Co., Bill Goodwin, TMD Energy; Mark Liming, Liming Operating; Deloy Miller, Miller Energy Resources; Robert Nelson, AC Insurance; Bill Ray, Bill Ray Oil Producer, and Lynn Wagoner, Signature Oil Corporation.

SCOTT BORUFF NAMED OIL MAN OF THE YEAR - Scott Boruff, CEO, Miller Energy Resources, was named 2009 Tennessee Oil Man of the Year at TOGA's annual convention in Knoxville, May 13th. Boruff lead the transformation of Miller from a bulletin board listed public company, with operations only in Tennessee, to a NASDAQ listed company with operations in Tennessee and Alaska. Under Boruff's leadership, the price of the stock went from $.25 to $6 in less than a year.

SEPTEMBER 9TH BOARD MEETING TO FOCUS ON SPILLS - When the TOGA Board of Directors meet Thursday, September 9th in Oneida, at the old First Trust Bank building, now owned by Bill Ray, the focus of the meeting will be on spills and other emergencies. "This recent BP spill is a chilling reminder that spills do happen and we need to be prepared," said TOGA president Jim Washburn. "We will have one of spill trailers on site for inspection and we will review our emergency response plans during the meeting. Anyone interested in participating in a TOGA emergency response effort or has any suggestions on how to improve it, is encouraged to attend this meeting," he added. As always, there is a standing invitation for any member or guest to attend the association's board of director meetings.

NO SUPRISES AT THE OIL & GAS BOARD HEARING, MAY 24TH - The Tennessee Oil & Gas Board met May 24th and voted to allow: National Energy Development its requested drilling variance and rejected Rome Oil & Gas request to test a vacuum pump on a well in Pickett County. Alan Rader's proposed rule change for the Mineral Test Hole regulations was sent back to the staff and Rader for study and a recommendation to be considered at a future meeting.

SAY GOOD BYE TO 40 MEMBERS - Nearly 40 TOGA members have not paid their 2010 dues. Their membership will be terminated if they don't respond to the third and final request for payment. Each board member was emailed a list of those who have not renewed and have been asked to contact any they know personally and encourage them to renew their membership. Please make certain your dues have been paid. We need you in our never ending fight with legislators, regulators and environmental activists who would like to see us out of business.

OPRYLAND HOTEL REOPEN NOV 15, TOGA PARTY ON - Gaylord Opryland officials has announced that the Opryland Hotel, destroyed by the recent Nashville flood, will reopen no later than November 15, 2010. If they make that deadline, the TOGA 2010 Christmas Party will be held December 11th, 2010 at the OPRYLAND RESORT AND CONVENTION CENTER IN NASHVILLE. Rooms are specially priced at $189 plus taxes, single or double occupancy. Atrium rooms are $35 more. Stay tuned for more information in newsletters and on the TOGA website at www.tennoil.com .

SOMMERSET REFINERY ADVERTISED FOR SALE - A recent ad in the Oil & Gas Journal had a headline that read "Working U.S. Refinery & Gas Stations for Sale". Recently upgraded 5,500 bpd petroleum refinery in Kentucky, includes real estate (100 acres) 8 local gas stations and extensive buildings, facilities, machinery, tools and vehicles to support the operation. Also includes all necessary operating permits, computer systems/electronic flies and all pertinent books and records. Price $15 million. For teaser of refinery; http:/www.youtube.com/watch?v=pVr1FkMoGck. Qualified Buyers contract: refinery@seawardpartners.com.

TENNESSEE MAY PERMITS: ANDERSON COUNTY: KNOX ENERGY, LLC, THE COAL CREEK COMPANY, CH-2024, 3532, LAKE CITY/ FENTRESS COUNTY: PLATEAU WELL SERVICE, ROGER COMPTON ETAL #3, 2000', RIVERTON/ OVERTON COUNTY: OVERTON OIL & GAS, INC., CHARLIE & LYNDA ANDERSON, UNIT #4, 2000'; NATIONAL ENERGY DEVELOPMENT, CLYDE MCDONALD HEIRS TW-4N, 2000', ALPINE/ PICKETT COUNTY: RIVERSIDE OIL & GAS, INC., TOMMY WARDEN #2, #1, 2000', MOODYVILLE

KENTUCKY MAY PERMITS: BELL COUNTY: VINLAND ENERGY OPERATIONS, LLC, GATLIFF COAL CO. & APPALACHIAN ROYALTY TRUST, LEWIS HRS 1, CLINTON SH/ CLINTON COUNTY: CONNER JR, E B, BERTRAM, JEFF, 3, SEVIER, COLLINS, 121, KNOX GP; RICK-ROD OIL COMPANY, INC, FLOWERS, ALLEN, 2R, 3R; NEAL, DENTON, 4R; NEAL, DONALD, 7R; STEVE BURCHETT OIL CO, BOLES, ROBERT, ST-5, ST-3, ST-4, ST-6, ST-2; MAUPIN, JEAN, AMTEX-DR7; OWENS, MIKE, AMTEX-DR15 ; POORE, JOHN, ST-4; ST-3; ST-5; ST-1; RECTOR, MORGAN, ST-10; TOMPKINS, PAUL, ST-9, KNOX GP/ CUMBERLAND COUNTY: GATOR OIL CO, PARRISH, 14J, 15J; HART OIL, LLC, CHOWNING, CHAT, 12, 14, JOE TODD OIL PROJECT, RIDDLE, CLIFFORD, K4; MILLER, JOE, MILLER & CAMFIELD, M6, M7, M8, M9, GRANVILLE/ KNOX COUNTY: VINLAND ENERGY OPERATIONS, LLC, GALLAGHER, JOE ET AL, 1, CLINTON SH/ LESLIE COUNTY: EQT PRODUCTION COMPANY, KYCOGA LAND COMPANY, 569875, HURON MBR, OHIO SH/ LETCHER COUNTY: EQT PRODUCTION COMPANY, EQT PRODUCTION COMPANY, 569464, 569962, HURON MBR, OHIO SH; 569465, 569961, 568736, CLEVELAND MBR, OHIO SH; NGAS PRODUCTION COMPANY (NGAS), PENN VIRGINIA OPERATING COMPANY LLC, DPI 1906, DPI 1907, WEIR SD/ MONROE COUNTY; FOSSIL ENERGY, INC, RUSH, BETSY, 1; RUSH, GREGORY M, 1, 2, 3; RUSH, SCOTT, 4, KNOX GP; MAJESTIC MANAGEMENT CORP, WILLIAMS, BILLY JOE, 4A, LEIPERS LS/ RUSSELL COUNTY: E 3 PETROLEUM, ANTLE, EUGENE, 1A, KNOX GP

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