OTCPK:MAUXF - Post by User
Post by
CalifDreamingon May 13, 2008 10:21am
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Post# 15066905
1 zone = 3,250 bpd stabilized 43 API - Sweet
1 zone = 3,250 bpd stabilized 43 API - SweetReally good looking flow rates and reservoir characteristics. 43 API should command a premium to Brent.
No wonder the stock has been bid up.
If they can manage to see ~5000 bpd btw both zones at these prices, MMT has a long way up to go. Been an overly long wait, but with $120 Brent, will make up for a lot of sins in a hurry.
Now, let's see the drill bit start to turn and turn those two rusting paper weights, err drill rigs, into an asset for shareholders...