"" I see companies like Molopo only drilling gas wells as a minimum or farming out that to keep their land base active so they don't loose it.
It looks to me the BAKKEN program is to drill, produce, identify reserves and then sell the thing for a profit. ""
hannsg,
One may have to agree with you on that. Because it is evident IMHO that MPO is, and always will be, an explorer. And what explorers will usually do, is to find something, develop it a little, and then sell it out for some profits and then continue with the next exploration project. And while the Management and Directors will make their money with their emoluments and perks, the investors will get very little in return.
I have been in it for many a years now, and it seems that all has happened in these many years of waiting, is what you wrote and that it has been copied and pasted above.
Cheers,
Buddy
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