Company Background

Formed by Deloy Miller in 1967, Miller Petroleum Inc., has been a publicly held company since 1997. The company is currently trading Over the Counter on NASDAQ (Mill). Headquarters are in Huntsville, Tennessee.

By the 1980s, Miller became the largest oil and gas company in the southern Appalachian region with eighteen drilling and work over rigs in service from New York to Alabama. To date, the company has drilled or serviced over 5,200 wells, or 65% of the total drilled and serviced in the State of Tennessee. With the experience of such a large number of drilled and completed wells, Miller has gained extensive expertise in what it takes to find as well as produce oil and gas. The company is knowledgeable not only of prospect generation, correct drilling procedures, completion and stimulation techniques, but also has quality management with excellent field support. Personnel have a high degree of integrity and experience that is unparalleled in the region.

Deloy Miller, Founder, Chairman and CEO, was a pioneer in the highly successful 1969 drilling boom in the Southern Appalachian Basin. He is a native of Tennessee and has served two terms as President of the Tennessee Oil and Gas Association. In 1978 the organization named him the "Tennessee Oil Man of the Year". Currently, Mr. Miller has been appointed by the Governor of Tennessee to be the petroleum industry's representative to the Tennessee Oil and Gas Board.

Miller Petroleum is a complete oil and gas company that continues to be a leader in the region, utilizing the latest computer graphics, seismic and other analytical tools for geological exploration. The company has over 137,000 files of well data integrated into the GeoGraphix software system. The data base of logs and well information is the largest in the region. Miller has a lease inventory in excess of 50,000 acres and is currently active with more lease acquisitions.

The company's three productive areas are: the Jellico Field that is selling natural gas through Miller's pipeline and compression to Delta Natural Gas and Columbia Natural Resources; the Lindsay Field is selling natural gas through Miller's pipeline to the Powell-Clinch Utility District and the Koppers Field is selling crude oil to the Somerset Refinery and natural gas through Delta Producer's pipeline. Through seismic data and geologic analytical tools, Miller has identified additional promising areas.

In addition to the geology with analytical information, engineering and lease inventory, Miller's personnel have the experience and expertise to take a program from site development to completion and sales. The company prides itself with the management of drilling rigs for exploration, work over rigs for completions, company dozers for site development, roustabout crews and equipment to set pumping units and tanks as well as lay flow lines, winch trucks and trailers for traveling support as well as backhoes, ditchers, fusion machines and welders for pipeline and compression installations. This attribute keeps jobs on schedule with quality control.

Management Team .....

Deloy Miller

Founder, Chairman and CEO, was a pioneer in the highly successful 1969 drilling boom in the Southern Appalachian Basin. Mr. Miller is a native of Tennessee and has served two terms as President of the Tennessee Oil and Gas Association. In 1978, the organization named him the "Tennessee Oil Man of the Year". During this time he was also featured in Baron's Magazine. Appointed by the Governor of Tennessee, he is the Petroleum Industry's representative to the Tennessee Oil and Gas Board.

Dr. Gary Bible

Appointed Vice President of Geology on September 15, 1997. Dr. Bible earned his B.S. Degree in Geology from Kent State University and his MSc. and PhD. Degrees in Geology from Iowa State University. Dr. Bible is a proven hydrocarbon finder who drilled his first successful wildcat as a Trainee Geologist. Formerly with Phillips Petroleum Corporation and ALAMCO, Dr. Bible brings to the Company 29 years experience as a Petroleum Geologist. In addition, Dr. Bible has spent nine years in the Appalachian Basin in the exploration and development of reserves in the Big Lime, Devonian Shale and in deeper horizons. Over the last nine years he has located more than 172 development wells, 90 percent of which were successful. He has discovered ten new oil and gas fields in Kentucky and Tennessee. He is also credited with managing a drilling program at ALAMCO that kept its finding cost the lowest in the nation.

Teresa Cotton

Joined the Miller Team in August, 1996. She was appointed Secretary /Treasurer on October 1, 2001. Prior to joining the Miller Team, she was employed by Halliburton Services. Teresa has more than twenty years experience in the oil and gas industry. Mrs. Cotton, a Tennessee native, is currently enrolled at Roane State Community College in Huntsville, pursuing a degree in Accounting.

David Wright

Serves as Land Manager for Miller, with over twenty years of experience in the oil and gas business. Mr. Wright earned B.S. Degrees in Geography and Geology from Tennessee Technological University. Prior to joining Miller Petroleum, Inc., Mr. Wright directed the day to day activities associated with leasing, management, and exploration of over 50,000 acres in Tennessee and Kentucky for Towner Petroleum. Mr. Wright is a member of the American Association of Professional Land men and is a Registered Professional Geologist in the State of Tennessee.