OTCPK:MAUXF - Post by User
Comment by
jmcoilon Feb 15, 2012 2:09pm
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Post# 19538562
RE: RE: 430 FEET OF PAY !!!
RE: RE: 430 FEET OF PAY !!! sgandza...maybe you understood the significance of the last release but the way it was worded it sounded as if they were cementing off the lower section and forgetting about it.
This release is huge because it confidently declares the lower section is economic and will be developed in the next well. This will lead to an expansionn in reserves and eventulally production.
In addition they have outlined their plan very clearly going forward to expand the production capacity and increase pipeline capacity. This has never been stated as clearly before.
cheers