MOUNTAIN V Completes Construction on First Well in 33 Well Drilling Program in Appalachia

Mountain V Oil & Gas is a privately held Oil & Gas Operator headquartered in Bridgeport, West Virginia that invests and owns over 1,600 wells across the Appalachia, as it embarks together with Controlled Capital on its latest Drilling Program in Gilmer and Clay County, West Virginia

New York, NY – April 18, 2022 – The future of sustainable energy is looking brighter than ever in the Appalachia with Mountain V Oil & Gas these days, as the Company recently announced the completion of construction on its first well in a 33 horizontal well drilling program in the Appalachia, as the company now prepares to drill.

Controlled, established in 2017, is a Global Private Equity Advisory Firm headquartered in New York, NY. To-date, Controlled Development Partners has advised on over $550.0M in executed debt and private equity transactions.

“We recognize the difficulty in predicting what will happen tomorrow, especially as we rise out of a global pandemic, amongst an administration change within our Nation, and conflict amongst Global Leaders” says Mike Shaver, President and Owner of Mountain V Oil & Gas, “But when greater forces overexert their control over what appear to be simple inputs to a greater economic equation – for example, control over things like oil production levels, or excessive taxes on privately owned non-operated mineral leases – it only pushes companies and investors like us further towards a privatized market.  We are extremely supportive of increasing private ventures similar to our latest drilling program – ventures that are community driven, and for the betterment of America, and our economy.”

“We are already seeing overwhelming support from many High Net Worth Individuals, Single and Multi Family Offices, Private Equity Funds that are eager to reap the long term positive cash flow and the short term tax benefits associated with financing drilling programs that are sponsored by highly experienced Private and Public oil and gas operators in the Appalachia, the Permian Basin, and the Gulf Coast across Western Pennsylvania, West Virginia, Texas, and Western Louisiana, respectively” says Josh Cohen, President and Owner of Controlled Capital, an advisor to Mountain V Oil & Gas.

The latest development onsite with Mike Shaver, President and Owner of Mountain V Oil & Gas, a private company that owns over 1,600 wells across the Appalachia and is headquartered in Bridgeport, West Virginia.

“This isn’t so much about the poker game our Global Leaders play over the price of oil.  This is about utilizing our nation’s resources in the most environmentally conscious, and economically efficient and impactful way. This is about creating jobs, creating viable investment opportunities to both private and public investors to create generational wealth.  This is about providing purpose for tens of millions of Americans,” says Cohen.  

For more information, visit www.controlledcap.com. With media inquiries, please contact Public & Investor Relations, Controlled Development Partners: (917) 584-7042 or info@controlleddev.com

ABOUT MOUNTAIN V Oil & Gas

Mountain V Oil & Gas is a privately held Oil & Gas Operator headquartered in Bridgeport, West Virginia that invests and owns over 1,600 wells across the Appalachia, as it embarks together with Controlled Capital on its latest Drilling Program in Gilmer and Clay County, West Virginia 

ABOUT CONTROLLED CAPITAL: 

Controlled, established in 2017, is a Global Private Equity Advisory Firm headquartered in New York, NY.  To-date, Controlled Development Partners has advised on over $550.0M in executed debt and private equity transactions.

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