Mart Resources Inc MAUXF

RE: RE: Investor Relations Called back

[Bobwins]

I hope you guys don't get too excited.
 Test results are just that and are not additive. Test results from 3 zones at 2,000bpd, 4,000bpd and 1,000bpd don't mean that the well can be produced at 7,000bpd.  There are typically different pressures in each zone and comingling all three zones can result in actual production of much less than the test results.  
 It is good practice to produce from the bottom up.  So even if it's not the highest producing zone, the lowest zone will likely be produced first.  Since Mart is anticipating producing from multiple zones, we can assume they will produce from at least two zones and probably more.  But they likely won't be the highest test results first.  That could result in a disappointing initial production totals but overall represent the most sensible and economic way to produce the well. 
I typically figure that valid test numbers will be cut in half when the well is in actual production.  So test results for 4,000bpd will be choked back to produce at 2,000bpd to ensure max recovery from the reservoir.  
Mart is in this for the long haul so they may not do what will produce the biggest initial pop in the share price.  They want to extract as much oil as possible from each well.  That could result in a different production level than what stockholders want for instant gratification.  
Bottom line, look at the big picture when we get the test results.  Don't let greed blind you to the best practices for the wells and the company.