Just guessing at what is to come. 5 potential deals:
DEAL 1) QPN sells 30,000 acres to US major for US $3 Million. Funds to be used to drill GH, Bulleye 3 and 6 x shallow wells in Kreghnhagen
DEAL 2) QPN sells 130,000 acres and exits california for US $10 million. $2 million to be distributed back the share holder...remaining $8 million used to make strategic aquisitions
DEAL 3) QPN signs free deal carry with SAE over 25,000 acres. In return for 30% of QPN's 50% interest in 25,000 acres SAE agree to pay all drill costs up to $5 million.
DEAL 4) TAKEOVER: SAE offers 1 share for every 10 QPN shares.
DEAL 5) QPN sells 35% interest in 130,000 acres to Nation. In return QPN receive a free carry for US $10 million in drilling and a back in right for 5 %,
QPN Price at posting:
1.0¢ Sentiment: ST Buy Disclosure: Held
