I don't know "P" from "M". As stated in my E-mail reply they are continuing to drill at the rate of 8.5 feet per hour excluding service time and mud circulation time. As also stated most of the other producers are in the "M" sands. We should know in a few days. The big news is the purchase of other partnerships. Thats the really big money, where they hold better then 50%. This company, (MXXR) will continue to grow by acquisitions and in time will start to pay a dividend.
At that point we can all sit back, fat, dumb and happy, Well maybe not so dumb.
This is only my opinion. You should research before you invest to limit your risk. When you invest in pinks its all risk and most fail, Never risk more the 10% of your holdings in pink sheet stocks!
Howard Haftel