Ben Kramer-Fuller has some suggestions for the peanut gallery....
"...First, hold energy companies that don’t engage in fracking to hedge the risk of holding those that do. Energy is an essential part of any investment portfolio, given how important it is to the global economy. There are innumerable ways to get exposure to energy that don’t involve fracking:
Oil and gas companies that don’t engage in fracking
Pipeline and oil/gas transport companies
Oil and gas service companies
Electric utility companies
The list goes on, but the point has been made. Investors who want to hold, say, 15 percent of their assets in energy-related companies can buy three companies, one of which engages in fracking. At worst, fracking will be outlawed completely, and the stock will go to $0, and the investor will lose 5 percent of his or her capital. At best, fracking restrictions will be limited, and the companies engaged in fracking can continue to grow their sales and profits at incredible rates. Reality probably lies somewhere in between these two extremes...."
Face it, Herbie, MPET has had years of declining revenues.....they have to make it with the UK Project which is not even producing yet and the CO2 EOR "pilot" which is also NOT PRODUCING. Add to that an 11% interest in an Australian penny stock ( Central Petroleum Ltd. ) Bottom line: you can't make a silk purse out of a sow's ear. I love to see you stooges flap your gums and try to hump this thing .... HYSTERICAL!!!!!
Done and done. But I am not sure who invaded and took over avi who posted a sentence about a rig accident at Mt. Kitty followed by a lengthy list of excellent possibilities for the area and now a paragraph that actually makes some sense for energy investors ;-)