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 ripantuckon Mar 07, 2014 10:36am

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Post# 22294252

RE:RE:RE:share buy-back

Brooklyn,

Hope you are right, but it appears to me that they have lost their part or all of the investment in the rehab project, and we are left with just a partial ownership of any exploration wells they drill, IF they get a JV partner. However, I hope I am wrong.

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