Pennytobuck.com's Oil Stock To Watch For Monday Is Masp.ob
MASP, MASS Petroleum Inc., MASP.OB
MASP, MASS Petroleum Inc., MASP.OB
Any oil company that holds a valid oil lease with operating wells has an asset that is as good as gold, in fact oil has been referred to as black gold.
America and the UK consume 25% of the worlds oil production so if we increase production that would mean we are consuming less of the worlds supply.
Supply is relative, and in the Mideast they can reduce, increase or stop the flow, something even BP hasnt been able to do.
Now comes a company oil rich with knowledge and is acquiring leases in some hot areas, like Canada, where proven reserves are over 178bn barrels.
MASP is about to enter this very hot oil and gas market.
MASP is currently in the process of acquiring several producing oil and gas assets in Western Canada. Alberta which is located in Western Canada has one of the worlds largest reserves of oil and gas.
MASP is an oil and gas production company backed by an experienced and dedicated management team.
MASP is engaged in the acquisition of producing oil and gas projects to build its reserves and ensure sustainable growth through focused project development and acquisitions.
With the target acquisition offering a stable production base with low risk drilling opportunities, a steady cash flow for continued exploration and development in various prospect areas within the Western Canadian Sedimentary Basin is assured.
MASP has been continuing its efforts of evaluating producing oil and gas assets that have blue sky potential through drilling.
Canadas proven oil reserves are well developed and holds more than 175 billion barrels of oil. In fact their proven reserves are over 178bn barrels. The area is politically stable and has been a major oil producer for many decades.
MASP has been continuing its efforts to determine key areas of interest through evaluating oil and gas assets with development and drilling upside potential.
More about MASP at www.masspetroleum.com
Maintain a close eye on MASP.ob and check out the chart below !!!
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by: Bill Pennyman
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