OTCPK:MAUXF - Post by User
Comment by
joelouon Mar 03, 2010 5:28pm
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RE: New to this board
RE: New to this boardit is my understanding that the marginal field program gives companies tax breaks on recovery oil so i'm not sure if companies (ie-mart) would be treated the same way as a company exploring off shore ... any way you slice it, the incentive to explore there must be greater than any tax concessions a company must give up ... i see Total is willing to invest there so it can't be all that bad ... just my opinion ... cheers ... joelou
ps .. i hear the next marginal field exploration program is set for june ... who knows maybe with wade's influence mart can solely secure one on their own.... just a thought.