Thanks for that information Jusik, Swans and Kmuirhead.
Inexperienced and out of their depth are words that come to mind when i think about MPO. I thought at the very least we'd get some operational progress by promoting Ian. He was the COO. No progress... same bad weather story. How about the re-evaluation of the siesmic data? do we know where we are drilling in Bakken and Wolfcamp (can they estimate recoverable oil at this stage). Do we have a solution to the bad weather? it is a huge issue for us and i am sick of it continually cropping up
What is happening with the asset sale? We are supposed to have an increased focus on business development - what is happening, have we managed to progress anything.
I want more regular updates from Ian in regards to company activity. 3 months is unacceptable when you are losing the faith of the shareholders. I also want actual dates when they are going to complete tasks.
MPO Price at posting:
76.0¢ Sentiment: Hold Disclosure: Held