OTCPK:MAUXF - Post by User
Comment by
Greenchipson Sep 01, 2012 7:39am
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Post# 20288177
RE: Question about the deeper sands
RE: Question about the deeper sands Also, there is the time value of money and uncertainty of future prices which dictate that all known commercial reserves should be extracted ASAP.
For example. OER recently announced a new discovery in their OML 56 play with Ebendo 4 well, extension of the producing zone plus six others.
They are completing the first two zones then immediately drilling a new wellmadjacent to test and complete in the others.