OTCPK:MAUXF - Post by User
Comment by
oullinson Nov 28, 2011 12:36am
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Post# 19270645
RE: RE: RE: Q3 next week
RE: RE: RE: Q3 next weekdr_airtime, Sorry I did not get back to you on the interpretation of the production numbers. Is it average per production days or the daily average for the month. I took the more conservative approach meaning the lower number. It would mean that my Q3 production number of 548,136 for the field could be low by 12.78 days at 6,800 per day or 86,904 barrels. Not a small number when you think about it but it only means that we are more undervalued.
If I am right then it would explain the 9,000 BOPD for Nov since we had no down days.
Anyway, we will know in 2 or 3 days when we get Q3 results. We will get more accurate as time goes.
Cheers