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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

Post by JS4900on Jan 16, 2023 9:53pm
307 Views
Post# 35226979

Possible Tajikistan Activity?

Possible Tajikistan Activity?
 I recently came across a report from the IEA (International Energy Agency), titled, "Tajikistan 2022 - Energy Sector Review".
 
They mention MNP subsidiaries DWM and Somon Oil:
 
"Other, smaller private investors in Tajikistan’s oil and gas sector include CJSC Somon Oil; 90% of its equity belongs to the Swiss company DWM Petroleum AG, and the other 10% belongs to Anavak LLC. Somon Oil, operating under a PSA since May 2012, is finishing research work on two platforms: Western Sufatog in the Asht district on the border with Uzbekistan, and Kayrokum B field near the Kayrokum reservoir. In the prospective areas of Navobod and Obchai Kalacha, 2D seismic surveying was carried out over a distance of 123 km. The company has declared investments of TJS 2.5 million, and is investing USD 6.2 million in exploration of prospective fields in north-western Tajikistan."
 
I'm not sure how accurate or timely this information is, or if it will amount to anything.
 
Nevertheless, ...perhaps it's a sign that there's still some life left in this thing?
 
Check it out. It's on pages 77-78:
 
 https://iea.blob.core.windows.net/assets/ab8f5f01-4b54-4636-b2e8-7818e2ed55a8/Tajikistan2022.pdf
 
 
jmo 
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