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 Haoleboy1967on May 23, 2014 4:10am

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Post# 22590728

Long Petromanas - should I be long MNP too?

Hi - I went back and read some of the messages here trying to get a long and a short case for MNP but I cant exactly figure it out.
I am long Petromanas and looking to add more based on the latest updates as the handwriting on the wall seems to be getting bigger.
I am also long other Canadian companies like East West Petroleum, Tag Oil, Crown point, Madalena, Canacol, PetroAmerica.
I guess what i am trying to figure out os what is the intrensic value of the Petromanus position relative to the pps?
and some of you have mentioned that they are selling off shares to fund other ventures???
I am no expert and really I am an electrician in real life
i found out a out MNP fromthe author "tullii" on Seeking Alpha and if you have not read his insta vlog posts on Seeking Alpha than i would suggest you take a look.
thanks in advance

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