OTCPK:MAUXF - Post by User
Post by
wantobeon Sep 24, 2012 10:10pm
369 Views
Post# 20409186
83 days and counting
83 days and counting
I've been here since .16 cents but it is concerning that we are way overdue. Losing 18M barrels doesn't help either. I have a lot of shares and hanging tight just the same. Divedend coming Oct 2 ....whats not to like.
SPUDDING OF UMU-10 WELL & OPERATIONS UPDATE
? UMU-10 well commenced drilling operations on July 4, 2012 and is currently at a
depth of 854 feet
? Main objectives for UMU-10 include the appraisal and development of the six
newly discovered hydrocarbon bearing sands encountered in the deeper section
of the UMU-9 well
? The well is expected to take 40 days to reach target depth of 9,700 feet