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MENA Hydrocarbons, Inc. SKNAF

Energy Oil & Gas E&P
"MENA Hydrocarbons Inc was incorporated on May 11, 2010. The Company is engaged in oil and gas exploration, development and acquisition of properties in the Mediterranean and Middle Eastern regions. The Company's current assets include Egypt: Lagia and Syria: Block IX."


GREY:SKNAF - Post by User

MENA Hydrocarbons, Inc.
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Post by ricardo135on Feb 22, 2015 12:36am
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Post# 23452099

SacOil and MENA

SacOil and MENAReason for volume and increase in stock value might be related to the news release from SacOil Holdings Limited dated Jan 28 2015 news release re: its: subsidiary Mena International Petroleum Company Limited (MENA) is pleased to announce the successful completion on time of phase 1 of the field development operations at the Lagia oil field in Sinai onshore Egypt. There is more highlights on this recent news release. JMO but I believe this is why MENA is moving right now plus the huge amount of shares MENA holds in SacOil and their arrangement. Also news is around the corner with which shareholders as from last October get some. GLA Cheers
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