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Miller Energy Resources Inc
9721 Cogdill Rd Ste 302
Phone: (865) 223-6575p:865 223-6575 KNOXVILLE, TN  37932  United States Ticker: MILLQMILLQ

This company ceased filing statements with the SEC on 3/29/2016.
On 8/6/2015, the Securities and Exchange Commission filed a civil action in an administrative proceeding against Miller Energy Resources Inc., Paul W. Boyd, the Company's former Chief Financial Officer, and David M. Hall, the Company's former Chief Operating Officer, alleging that the Company overvalued oil and gas properties it acquired in Alaska in late 2009 and that, as a result, the Company's financial reports were materially misstated. The allegedly inflated valuation had a significant impact, turning a penny-stock company into one that eventually listed on the New York Stock Exchange, where its stock reached a 2013 high of nearly $9 per share. A former partner of Sherb & Co LLP, the firm that performed the Company's audit for fiscal year 2010, has also been named as a defendant in the SEC Civil Action. The matter will be scheduled for a public hearing before an administrative law judge for proceedings to adjudicate the allegations and determine what, if any, remedial actions are appropriate. The Company intends to vigorously oppose the claims.
The Company’s financial results are significantly affected by, among other factors, volatility of commodity prices and recent substantial declines in oil prices. As previously disclosed, the Company has conducted an asset impairment analysis on certain of its assets. In view of the Company’s bankruptcy, and after further review of financial information related to the valuation of the oil and gas properties acquired by the Company in Alaska in late 2009 and other accounting matters, the Company has concluded that its financial statements from prior years beginning in fiscal year 2010 should no longer be relied upon.
This company is no longer actively traded on any major stock exchange.

Business Summary
Glacier Oil & Gas Corp is a United States-based company. The Company is an exploration and production company. The Company utilizes seismic data and other technologies for the geophysical exploration, development and production of oil and natural gas wells in south central Alaska, including the Cook Inlet and Kenai Peninsula, as well as Alaska's North Slope. The Company holds interests in the Badami Unit and in certain nearby leases. The Company also holds interests in certain midstream assets located in the North Slope, with a design capacity of approximately 38,500 barrels of oil per day (bopd); approximately 500,000 gallon diesel storage tank; over 20 megawatts of power generation; a grind and inject solid waste disposal facility and Class 1 disposal well; an approximately one mile airstrip, and approximately two pipelines, the crude oil pipeline running approximately over 20 miles in length from the Badami Unit to the Endicott Pipeline and the Duck Island Unit.
(Source: 10-K)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
4/30/20154/30/2014YesYesYes--

Industries
SIC Code Description
1311 Crude petroleum and natural gas
1381 Drilling oil and gas wells

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chief Executive Officer, Director Carl F.Giesler 50 9/14/2014 9/14/2014
Chief Financial Officer, Senior Vice President Phillip G.Elliott 44 3/19/2015 3/19/2015
Interim Chief Operating Officer Leland E.Tate 68 8/7/2015 8/7/2015
7 additional Officers and Directors records available in full report.

Business Names
Business Name
Anchor Point Energy, LLC
East Tennessee Consultants, II, LLC
East Tennessee Consultants, Inc.
11 additional Business Names available in full report.

General Information
Number of Employees: 84 (As of 4/30/2014)
Outstanding Shares: 46,662,223 (As of 4/30/2015)
Shareholders: 338
Stock Exchange: OTC
Federal Tax Id: 752072206


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Saturday, July 22, 2023