Wall Street News Features Monogram Energy, Inc. (MGRA.PK)
Monogram Energy is an energy company which specializes in acquiring oil & gas leases with proven reserves that have the potential for increased production. The company focuses on maintaining a high risk/reward profile which allows them to return the most value to their shareholders. Monogram Energy recently announced that it has expanded the business relationship with Northamerican Energy Group Corporation. The agreement provides Monogram Energy with a 50% interest in 27 wells, which are projected to yield annual revenues of approximately $400,000 after a workover program. The CEO stated, “A number of these wells are going to require minimal workover,…