higher when the MoU is finalized for a new Methanol plant fueling China's 12% compounded demand growth. MPET will create a Timor Sea hub for all feedstock gas that is exclusivity agreement. Also expecting to announce UK well results showing "live oil" on just the first well. Many wells to follow. Poplar farm out of seven distinct pay zones of oil and gas could go to a major integrated with resources to deveope quickly. The core analysis results pending anyday now. This field has not been touched since 1965. MPET is projecting 3M bopd of production from this field alone by 2013 x $100 oil. Do the math on that one. We are on the edge of a small cap going bigcap. Can't wait for the first analyst coverage to begin with a buy rating! Buy now before it goes considerably higher. CEO owns 450,000 shares himself.
Is that you, Frank Curzio Jr.? LOL! Wow, HH77 are you working for the insiders here or what?
Please stop the carnival barker routine or I will have to consider you a common stock tout/promoter.
You know the options situation?
--- At September 30, 2010, the Company had 8,227,826 options and warrants outstanding that had an exercise price below the average stock price for the periods that resulted in 2,438,677 incremental dilutive shares for the period. ---
- I think they approved 700,000 options to DIRECTORS at $2.24 at the annual meeting -
Oh, and HH77 please try to be more responsible with your PUMP JOBBING or I will get offended. Understand?