RE:RE:Alpha Deal Group's Instablog on MNPI don't think they need a partner for the first Tajik well. They already have 8 mil from the last pmi share sale and also have another 48 mil shares once the PMI hits with their latest well in a month or 2, Here is a part of news release that states this.
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Currently MNP is preparing the drill site for the first exploration well in the Tajikistan exploration project. Kayrakkum B is presently scheduled to commence drilling operations at the beginning of the third quarter of 2014 and is an analogue of a field which is located up-dip from it. In addition to using the majority of the funds from the sale of the PMI shares for the work program in Tajikistan, MNP is pleased to announce that it is instituting an open market share buy-back-program of up to US$ 1,000,000 which was approved by the board of directors on February 7, 2014. The details will be announced when available.
MNP received gross proceeds from the sale of their PMI holdings in an amount of CDN$8 million (approximately US$ 7.2 million). Following the sale, MNP holds 8.5.million common shares and has a right to receive up to an additional 38.8 million PMI shares upon the occurrence of certain conditions. These conditions are described in the Share Purchase Agreement dated February 12, 2010, between PMI (then known as WWI Resources Ltd.) and DWM Petroleum, pursuant to which DWM Petroleum sold its Albanian project to PMI. "
From: https://web.tmxmoney.com/article.php?newsid=66248505&qm_symbol=MNP