Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 May 29, 2015 3:11pm
102 Views
Post# 23779011

RE:Increasing Security Concerns in and around Tajikistan

RE:Increasing Security Concerns in and around Tajikistan
Not issue for MNP. Look at a map - Sugd province is a headland at the north of Tajikistan, bordering with Kyrgystan and Uzbekistan. The main problem for MNP is Tajik political enviroment - i don´t even want to know how they did obtain your permits/licences and extensions. The second but not smaller problem is MNP mngt alone and outrageous rapacity - even when they got all the deals in Tajikistan in place - licence extension, approval of aquisition of Energy Partners, they are still capable to sucking cash from bank account at 300K rate monthly. Terrifying example of mngmt approach. IMO Peter Vogel is idiot and i don´t understand why company like MNP have special IR consultants for Europe and special for North America with 5000K monthly salary and options program? Why do they pay 30 employes and what is their work everyday? Just my opinion.
Bullboard Posts