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0.00% 14.0¢ molopo energy limited

permian letter of intent

  1. jtrain
    167 Posts.
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    26/06/13
    10:18
    Post #: 11928700
    Does today's announcement by AZZ on a LOI for sale for US$300m for their Permian assets have any bearing on MPO's permian, particularly given MPO is at cash backing and yet producing ~1000boepd from their Permian assets? AZZ's production was only 1600boepd (at 6:1 ratio and not grossed up for calorific value).
    MPO Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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