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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 murdochjakon Nov 22, 2014 4:28pm
117 Views
Post# 23155387

RE:RE:Deal Closing this Week??

RE:RE:Deal Closing this Week??
IMO BS. If they (Vagobel ) is currently investing in upstream biz at MENA area, they are investing at possible bottom prices - there is buyers market now. Only if they DID/HAVE invested in oilcos, they could have a problem. Btw. another assets - their primary biz - real estates recovered last time ago and for example in Germany, Belgium are now at a new historic highs...
Bullboard Posts