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Magnum Energy Inc. Common Shares V.MEN



TSXV:MEN - Post by User

Post by Bobwinson Apr 01, 2009 2:41pm
672 Views
Post# 15888674

Finally

FinallyAfter a year, they finally have their pipeline approved.  Test rates are very good and bode well for eventual production.  $0$0$0$0Original Sedalia well tested 1MMcfpd and they have two more similar wells.  So initial production rates will be in excess of 2.7millioncfpd.  Commercial production rates should be in excess of 1 millioncfpd and add substantially to Magnum's total production.  More sites are available to drill and now they have a pipeline to sell the gas!$0$0$0$0$0$0$0$0$0$0
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