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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 mat_hogon May 02, 2012 7:15pm
384 Views
Post# 19863963

RE: 2P reserves of 15 million

RE: 2P reserves of 15 million

 but found cost for 3 months ended 12/31/11.  432,166 bbls sold

royalties & community development costs $ 5,938,433 or 13.74 bbl

production costs  $ 4,017,459    or $9.30 bbl for a total $23.04 bbl

funds flow from production operations  $36,927,682  or  85.44 bbl  (I think this is net back)

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