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).

GREY:MNAP - Post by User

MNP Petroleum Corp

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Comment by Dave4444on Jan 27, 2012 10:41am

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Post# 19456976

RE: RE: RE: RE: RE: asks --- staolin

Exactly, I never count outstanding warrants if they are far out of the money. In this case, the reality is that unless we all make a killing on the stock as it goes to 70 cents, the warrants will never get exercised, so there is more than 1 PMI share for every MNP share. And if the warrants get exercised, we get a whole bunch of cash to offset the dilution related to the PMI shares.

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