Miller Energy Resources Inc. (NYSE:MILL) is adding a third rig to its Alaska drilling fleet. Tennessee-based Miller operates in Alaska via its Anchorage-based subsidiary, Cook Inlet Energy LLC. In filings with the U.S. Securities and Exchange Commission, Miller said it had entered into an option to purchase the rig for $3.25 million. The option is with Baker Hughes. Miller Energy Resources Inc (NYSE:MILL) stock performance … Continue reading Micro-cap losers: Miller Energy Resources (NYSE:MILL), Biota Pharmaceuticals (NASDAQ:BOTA), Nova Lifestyle (NASDAQ:NVFY), Agria (NYSE:GRO)