OTCPK:MAUXF - Post by User
Post by
jagdipdaveon Jul 04, 2007 5:09pm
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Post# 13037061
other zones will flow through twinned well
other zones will flow through twinned wellThey are going to twin the first hole, meaning these two zones will flow through irst well and other zones will flow through twinned one.
Have they given payzone lengths for 13 oil bearing zones? Or I have just missed it?
If they can flow another 6000 bpd from rest of the 11 zones, UMU-1 would be a 12,000 bpd well-twin. Then they would do UMU- 2/UMU-4 and other fields..May be some farming in because of the rigs(about which we do not hear these days, though)
There are companies NOT being to reach that production level in the WHOLE field.
Their share on sliding scale poses valuation enigma