its time, page-45

Buddy,

I've held MPO on and off for quite a few years. It would have been better had they held onto Gloucester as that was their best asset imo, but the BHP boys had broader horizons. Had MPO just stuck to csg in Gloucester and Qld they would be sitting on about 600pj of 2p and worth $500 million plus..(but don't quote me..it is just a comment).

At least Wolfcamp looks like it might have the goods.
Despite your repeated comments that nothing is going on there I liked the last report which stated ..

Wolfcamp, USA
? A horizontal lateral at Baggett 32 has reached TD with a total measured depth of 10,069ft (3,069m). The well has been cased and is awaiting completion operations which are planned for December 2011.
? Log analysis has confirmed the presence of the Wolfcamp interval at the Parker South 85 well location.
? The Baggett 40 well spud and based on the positive indications from the Baggett 32 and Parker South 85 drilling, the well will be drilled horizontally targeting the Upper Wolfcamp interval.
Well Location

....
AND
I don't work for the company and I also don't see the sense in working to discredit the management of companies I invest in. If I get the sense that one of the stocks I hold is being mismanaged I might state that once and move on..otherwise I feel all I am doing is shooting myself in the foot.