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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 marvelgoldon Jun 12, 2012 6:46pm
172 Views
Post# 20006009

RE: Volume

RE: Volume

There was large volume today on the OTC where Manas trades under the ticker symbol MNAP. Nearly 2 million shares traded, but the tape shows very few shares traded at the low of 15.5, about 2000 or so. Most of the shares traded at 16. It could be crosses by institutions or funds, hard to say. Some people saw the low quote at 15.5 and the high volume and assumed it meant someone started dumping, but this looks like transfering between accounts. We need a few days to see if this was insider-related trading.

Bullboard Posts