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To: Goose94 who wrote (9038)9/9/2014 8:48:41 AM
From: Goose94Read Replies (1) | Respond to of 202720
 
Paris Energy Inc. has obtained shareholder approval for a name change to Mapan Energy (MPG-V) as well as a share consolidation of its common shares on a 1:12 basis. Post- consolidation, Mapan has 71.4 million shares outstanding. It is anticipated that Mapan will commence trading on a consolidated basis under its new name at the opening of trading on September 10, 2014 under the symbol "MPG". Letters of Transmittal have been forwarded to shareholders of Mapan to be utilized to exchange their common shares for post-consolidation shares. Additional copies of the Letter of Transmittal may be obtained by contacting Mapan or Computershare Investor Services Inc. and are also available on Mapan's SEDAR profile at www.Sedar.com.

Mapan is also pleased to announce its planned capital budget for the remainder of 2014 and first quarter of 2015. The Corporation plans to invest $44MM on the following operations: drilling and completions $33.6 million; production optimizations; $4.0 million, seismic/land $4.0 million; and $2.4 million related to facilities and tie-ins. Current production is 6,700 BOED and is expected to average between 7,100 and 7,300 BOED in 2015. With a strong balance sheet and solid cash flow, management believes the Corporation has sufficient resources to fund its ongoing programs. To align with its peers, Mapan will also be changing its year end for reporting purposes from November 30 to December 31. Reporting for the third quarter ended September 30, 2014 will occur in November.

Mapan has also re-launched its corporate website that can be found at www.mapanenergy.com. The website has comprehensive information on the Corporation including an inaugural corporate presentation, a listing of our Management team, a listing of Directors, news and in the future, financial reports.



To: Goose94 who wrote (9038)9/9/2014 8:53:16 AM
From: Goose94Read Replies (1) | Respond to of 202720
 
Leucrotta Exploration (LXE-V)
Leucrotta was recently spun out of Crocotta (which was acquired by Long Run). Leucrotta provides investors with a focused Montney play in the Sunrise/Doe area of Northeast BC. The is well capitalized with $75 million in cash and no debt. We could see a doubling of production exiting 2015 from today, as the company drills new wells and invests in facilities over that time frame.

Rob Lauzon top pick...

Eric Nuttall hold on buying below $2.00