Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: E_K_S who wrote (40960)	1/6/2011 10:41:16 PM
From: Paul Senior	Read Replies (1) of 78469

MPET. Thanks for the update. I'd have never bet that oil is found in on-shore UK at all, let alone in quantities large enough to be commercially feasible. Very encouraging that there is oil flowing, and that maybe there's a chance this well (and others) might be commercial. magellanpetroleum.com I originally bought MPET primarily as an add to my basket of Bakken stocks. (It has 23K acres in Montana.) Additionally, it has feedstock and production facilities for making methanol in Australia for sale to China. As I've been a follower of [t]DNR[/t] (<span style='font-size:11px'>LAST</span>: 18.45<span style='font-size:11px'> 1/6/2011 4:24:25 PM</span>) which is very big in using C02 to enhance oil recovery, I'm also attracted to MPET which uses MPET's CO2 resources/expertise for methanol production. And MPET says they intend to use C02 for oil enhancement/development in their Bakken properties. I intend to continue to hold my shares.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next