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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 todaypartlycloudyon Sep 11, 2014 7:55pm
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Post# 22929017

RE:RE:RE:RE:RE:OPEN FORUM:09SEP2014 DUE DILIGENCE IS WARRANTED

RE:RE:RE:RE:RE:OPEN FORUM:09SEP2014 DUE DILIGENCE IS WARRANTEDAll good points. I think part of the reason that these companies (VB Vagobel and VBV International) are difficult to find is due to the fact they're not public entities. I'm still very curious to know some of their history and what they do. Nevertheless, given management background, I strongly doubt they announced this deal without planning on following through. We'll see.

There are also a couple other things that give me faith this will happen:

-Investor relations with broad international experience just signed on for 6 months
-Insider buys of 176K shares on TSXV in past 2 days (incl. 100K today)
-Q4 spudding planned
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities