MDM Permian, Inc. announced that it has entered into an agreement for the acquisition of four (4) Canyon Sand wells in Irion County, Tx. The Lindley A-1, A-2, A-3 wells, located in Section 60, and the Lindley 6103 well located in Section 61. The two (2) leases comprise 160 acres (40 acres for each well) in total. The wells are drilled to a depth of approximately 7000 ft. and are connected to the Targa gas system. Well Logs indicate the potential for further production from shallower depths, the Wolfcamp, Clearfork and San Angelo formations. The company is currently evaluating all possible scenarios to obtain maximum production from the wells. MDM Permian, Inc. is also obtaining an option for an additional 2,680 acres in sections 60, 61, 36, and 34. The company continues to employ landmen for the acquisition of nearby Section 40 that has produced approximately 450,000 BO from the Canyon Sands. The Section has 16 recently plugged wells and has been assessed with over 4.5 million barrels equivalent of producible oil and gas remaining. The acquisitions are consistent with the company’s overall business plan to obtain up to 18,000 acres in this area of the Permian Basin.