MASP.OB, A Blue Sky Growth Potential For Mass Petroleum! CRWEWallstreet.com Stock Highlight July.23

MASP has been continuing its efforts to determine key areas of interest through evaluating oil and gas assets with development and drilling upside potential.
By: Hanson
 
July 23, 2010 - PRLog -- Mass Petroleum (OTC.BB:MASP) (Frankfurt:0MP) is an oil and gas production company backed by an experienced and dedicated management team. Mass Petroleum 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.

MASP has been continuing its efforts to determine key areas of interest through evaluating oil and gas assets with development and drilling upside potential. Mass Petroleum has determined the Kansas areas provide low-risk, multi-well oil and gas investments via direct participation programs through a direct ownership position in the wells or joint venture opportunities. Key facts about Kansas oil production include;

a) The first oil well in Kansas was drilled in 1860.
b) Currently Kansas produces oil and gas in 89 of the 105 counties.
c) Over 4000 permits to drill have been issued in Kansas to date.
d) The average well depth is about 3,500 feet.
e) Over 59,000 wells are actively producing oil and natural gas in Kansas.
f) 70% of the wells produce oil and the other 30% produce natural gas.
g) There are over 2100 oil and gas producers operating in Kansas.

And take a look at their chart to know what is happening for MASP:



MASP is currently reviewing several acquisition targets in Kansas that offer the potential to increase cash flow through production and offer additional blue sky potential through equipment refurbishment, drilling new wells on prolific land packages and joint venture opportunities.

Shares of MASP jumped $0.004 (+38.00%), up to $0.0138 in the end of market trading, today!

Make sure your Radar is on and you have MASP on your watch list; Be ready!

More about MASP at: http://www.masspetroleum.com



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