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Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc
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Comment by Darilonon Jul 07, 2011 1:14am
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Post# 18804639

RE: RE: RE: RE: RE: RE: Mart update

RE: RE: RE: RE: RE: RE: Mart updateAll you guys talking about collecting fees on 75kboe/d in the proposed pipeline need to take a moment and think about what you are saying.  Just because a pipeline can max out at 75kboe/d doesn't mean it will carry anything near that much on a daily basis.  I'd be surprised if it carries much more than 20kboe/d, most of which would be MMT's.  OTOH, 12% is patently ridiculous and I'm sure Mart will get better terms than that or else switch to their own pipeline very quickly.  This situation reminds  me of the movie "There Will Be Blood".
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