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MASP MASS Petroleum, Inc. featured news, full reports, and detailed charts

MASS Petroleum, Inc. (MASP/MASP.OB) Wrap Up:

MASS Petroleum, Inc., an exploration stage company, engages in the acquisition and exploration of oil and gas properties located in the United States. The company, formerly known as LAUD Resources, Inc., was founded in 2006 and is based in Vancouver, Canada.
www.laudresources.com
Founded in 2006

MASS Petroleum, Inc. (MASP:OTC Bulletin Board Market)

LAST $0.03 USD
CHANGE TODAY +0.0014 5.38%
VOLUME 5.6M
As of 3:59 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of MASS Petroleum, Inc. (MASP)

OPEN
$0.03
PREVIOUS CLOSE
$0.03
DAY HIGH
$0.03
DAY LOW
$0.02
52 WEEK HIGH
11/28/08 - $3.50
52 WEEK LOW
11/18/09 - $0.02
MARKET CAP
2.2M
AVERAGE VOLUME 3 mo
4.9M
DILUTED EPS TTM
--
SHARES OUTSTANDING
81.1M
MASP Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

MASP Top Compensated Officers

Mr. Gary Chayko
Chief Executive Officer, President and Direct...
Age: 54
Total Annual Compensation: --
Mr. Vitaly Melnikov CPA, MBA, M.Sc.
Chief Financial Officer and Director
Age: 34
Total Annual Compensation: $17.9K
Mr. Jordan Shapiro
Corporate Secretary and Director
Age: 36
Total Annual Compensation: --
Mr. Norman Meier PhD, MBA
Vice President of Corporate Development
Age: 34
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for MASS Petroleum, Inc. (MASP)

MASS Petroleum Completes Due Diligence on Producing Girouxville Oil Project

MASS Petroleum announced that it has completed its due diligence efforts on the Girouxville project. A summary of the due diligence findings: Guardian Exploration Inc. owns various working interests in three producing oil wells in the Girouxville area of northwestern Alberta. The interests range from 50-55% in the three wells. All of the wells are operated by Breaker Energy Ltd. ('Breaker') on behalf of Guardian. Guardian's interest is processed at the Breaker operated 12-28-76-22W5M central battery. The three wells were operated by Breaker during the drilling, completion and equipping phases and are currently operated by Breaker on a month by month production arrangement. Guardian earned a 50% working interest in the first test well and a 55% working interest in the subsequent two wells based on the farm in agreement. All three of the wells also earned Guardian the same interests in the 160-acre Crown mineral interests associated with each well.

MASS Petroleum, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended August 31, 2009

MASS Petroleum, Inc. reported unaudited earnings results for the third quarter and nine months ended August 31, 2009. For the quarter, the company reported net loss of $116,767 compared with $360,480 a year ago. Revenue was $655 compared with $2,216 a year ago. For the nine months, the company reported net loss of $513,800 or $0.01 per share compared with $562,829 or $0.01 per share a year ago. Revenue was $1,860 compared with $5,116 a year ago. Net cash used in operating activities was $68,201 compared with $172,138 a year ago.

MASS Petroleum, Inc. Reports Earnings Results for the Third Quarter Ended August 31, 2009

MASS Petroleum, Inc. reported earnings results for the third quarter ended August 31, 2009. For the quarter, the company's net loss was $116,767, up $360,480 for the same quarter the previous year.

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MASP Competitors

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No competitor information is available for MASP.
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Industry Analysis

Valuation MASP Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 638.5x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 589.2x

MASP

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MASP transactions

Type
Date
Target
Merger/Acquisition
November 16, 2009
Existing Production and Undeveloped Lands in Western Canadian Basin
Merger/Acquisition
August 5, 2009
Guardian Exploration Inc., Girouxville Project in Northern Alberta

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