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MNP Petroleum Corp MNAP

MNP Petroleum Corporation is engaged in the business of exploring for oil and gas, primarily in Central and East Asia. The Company is involved in the exploration projects in Tajikistan and Mongolia. The Company has a working interest in over oil fields located in the Fergana basin in Tajikistan. The Company carries out its operations both directly and through participation in ventures with other oil and gas companies. As of September 30, 2015, the Company has not commenced planned principal operations. The Company's subsidiary includes DWM Petroleum AG (DWM). DWM holds an equity interest in CJSC Somon Oil (Somon). Somon owns interests in approximately two Petroleum Exploration Licenses, which include Zapadnyi (West) and Severo-Zapadnyi (North West) blocks, onshore Tajikistan (Somon Licenses). Somon Licenses cover an area of approximately 840 thousand acres (over 3,396 square kilometers).


GREY:MNAP - Post by User

Bullboard Posts
Comment by JS4900on Mar 12, 2015 1:40am
176 Views
Post# 23512443

RE:new presentation on website

RE:new presentation on website
Exploration acreage: Spud of first well expected early Q3 2015 (3 drill-ready prospects).

Rehab fields: 2014 production -210 barrels of oil per day. Over 30 million barrels of 2P reserves.

Plus, it still looks like they may drill a well or two in Mongolia.

Looks very good overall. Now let's get that Vagobel deal closed!


jmo
Bullboard Posts