OTCPK:MAUXF - Post by User
Comment by
Box927on Sep 28, 2007 10:02am
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Post# 13486461
RE: P/E
RE: P/EI asked about Eremor at the AGM. They said the closest terminal which was I think about 8 km away would not take the oil because it was not the correct specification. To heavy a grade. The reserves did not justify the cost of getting it to a terminal which would take it.
I hope your AFR.L does well and I am just passing on what I was told. Please keep us updated on their progress with Eremor as I also thought it was a mistake by Mart not to develop this field.
Regards