MNP Petroleum Corp MNAP

Energy Oil & Gas E&P

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).

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MNP Petroleum Corp

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Post by marvelgoldon Jan 26, 2012 9:21pm

188 Views

Post# 19455285

Rolling

This is a good sign, high volume is being sustained, mostly on the pinks where it trades under MNAP. Had a nice breakout today. Bullish move was sparked last week when Fidelity sold off millions of shares and the share price didn't tank because buyers soaked it all up. That was our bottom, buyers are dominating now. Only last spring this was trading near 70 cents. It could make a run to that level as we get closer to drilling.

GLTA

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