OTCPK:MAUXF - Post by User
Post by
joelouon Sep 15, 2010 8:56am
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Post# 17449793
a bit more patience
a bit more patience"The UMU-6 well's primary objectives are the XIII, XIV, XV and XVI sands that were identified by well logs in previous wells but which have not previously been production tested or produced."
Ok investors please take note to the above statement from the latest NR ... now, with mart building the drilling pad to accomodate 3 sites and having the CPF capable of handling up to 20000 bpd in place don't you think that maybe they know whats in the lower zones ... Shell back in 74 drilled umu1 but only production tested at zone 12 a/b and from what i been hearing that the pressure logs showed postive readings ... now i understand people want to take profit off the table at these levels however, as for me i been in this way too long to sell now without further exploration of these sands ... cheers ... joelou
ps ... and for the record i will be shocked if mart only produces less than 5000 bpd from down there!!