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

Bullboard - Stock Discussion Forum 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... see more

GREY:MNAP - Post Discussion

MNP Petroleum Corp > Hope it will resurrect again on OTC
View:
Post by Conchius on Mar 14, 2023 4:58am

Hope it will resurrect again on OTC

https://asiaplustj.info/ru/news/tajikistan/economic/20230201/tadzhikistan-prodolzhit-iskat-v-svoih-nedrah-neft-i-gaz

Two companies are engaged in exploration of oil and gas fields in Tajikistan - Bokhtar Operating Company and Somon-Oil.

In a small volume, oil and gas are produced and processed in the country, and this is not enough to achieve the strategic goals of the state, Head of the Main Department of Geology of Tajikistan Ilhomjon Oymumammadzoda said today at the press conference.

According to him, many oil and gas fields need serious geological study.

"Due to the tectonic characteristics of the country, oil and gas reserves are deep, drilling wells causes difficulties and requires high costs," he said. "For example, Somon-Oil had to drill 4 km deep to find a layer of oil, but temporarily stopped working due to financial difficulties."

According to the head of the Main Department of Geology, the work will continue.

The fields are located in the northern part of Tajikistan, within the Fergana Depression and in the south - within the Afghan-Tajik depression.

Industry experts believe that the opening of a large gas and oil field in Tajikistan can open the way for serious investments in this industry of the country experiencing an energy crisis.

The explored oil reserves in Tajikistan amount to 2.2 million tons, and gas - 3.4 billion cubic meters. As previously stated, 28 oil fields have been registered in Tajikistan.

 

: https://asiaplustj.info/ru/news/tajikistan/economic/20230201/tadzhikistan-prodolzhit-iskat-v-svoih-nedrah-neft-i-gaz

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities