MPO molopo energy limited
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fang

  1. swami2
    1,087 Posts.
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    02/08/13
    06:46
    Post #: 12144840
    NASDAQ:FANG
    Here is a company that completed IPO in Oct 2012.
    Has 54000 acres in Midland area of Permian Basin. Nothing else, but has a market cap of 1.8 billion.
    Already producing average 7000 boepd from 15 horizontal wells.

    This company (mpo) has half the acreage and producing 500 boepd.
    MPO Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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