News: Molopo Energy Investor Presentation, ASX sm, page-10

re: News: Molopo Energy Investor Presentation...
The buy depth is dead because the market is pretty darn sick and MPO won't interest anyone until they are producing more oil.

The well which is drilling ahead right now should help a lot . Initial flow rates for the nearest neighbour EOG are described in the link below. These wells were drawen on one of the slides in the presentation MPO gave the other day.


http://blackberrystocks.blogspot.com.au/2012/02/eog-resources-eog-wolfcamp-shale.html

I'm really not worried about management as I can't see what they could be doing differently. I think the focus is right where it needs to be atm.