MPO 0.00% 14.0¢ molopo energy limited

Oilers often raise funds by farming down acreage either for cash...

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    Oilers often raise funds by farming down acreage either for cash or for a free carry through drilling (offset cost).

    Right now MPO has a vast asset in the Liulin field and could use that either fully or in part to fund future work.

    With the likes of Santos etc hungry for gas reserves a sale of some assets is a possibility.

    In more progressive financial markets like the US debt funding for exploration is much more easily achieved than in Australia.

    I would imagine they will use a combination of financing techniques.
 
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Currently unlisted public company.

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