Precio MNP Petroleum Corp (MNAP)

MNP Petroleum Corp. is a development stage company, which engages in the exploration of oil and gas resources. The company is headquartered in Baar, Zug and currently employs 30 full-time employees. The company went IPO on 2011-05-06. The firm is involved in the exploration projects in Tajikistan and Mongolia. The firm has a working interest in over oil fields located in the Fergana basin in Tajikistan. The firm 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 firm'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).