MPO molopo energy limited
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approach resources

  1. swami2
    1,087 Posts.
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    02/08/13
    11:35
    Post #: 12146491
    NASDAQ: AREX
    Released the quarterly today.
    http://ir.approachresources.com/phoenix.zhtml?c=214016&p=irol-presentations
    Production up 16% to 9 MBoe/d, and oil production up 50% to 344 MBbls

    Interesting comparison

    Approach Molopo
    Acreage 148,000 23,000
    Oil, NGL and
    gas sales $ 42,272.000 2,594,000

    Lease operating 4,550,000 5,216,000
    Production and
    Exploration

    General and
    administrative 5,229,000 2,583,000
    MPO Price at posting: 23.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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