OTCPK:MAUXF - Post by User
Post by
4funon Mar 18, 2014 11:01am
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Post# 22335651
No drilling news re:
No drilling news re:Nothing re the water disposal well, the work over on UMU#8 or the start of the horizontal well. If they don't start the horizontal well some we won't have enough production to deliver 30,000 bopd.
No announcement on the dividend starts to get me neverous but the potential for good news is so high this stock shouldn't be sold.
There should be announcements for the awards of new marginal fields and the potential that Mart with along with others in a group will buy producing oil fields from Shell at a very attractive price. This group would also qualify for tax free status for awhile. This would be a game changer for Mart. Results of the Shell bid should be announced any time.
Plus we will have a TSX listing anytime soon and maybe a LME listing in the fall. This together with the shell deal, increased production and future exploration of marginal fields makes for a great 2014.