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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by TheRock07on Jul 06, 2012 2:51pm
412 Views
Post# 20089793

Substantial production gains in Q3

Substantial production gains in Q3

Q2 daily prouction averaged 8500 bpd compared with 11,750 bpd in Q3 ( April-June ).

 

Thats a production gain of  about 35 % and is largely attributable to UMU-9 coming onstream during the quarter.

 

UMU-10, if it is as productive as UMU-9, should further boost production this quarter.

 

Its easy to see, if they continue their drilling sucess in the eastern extension, how 25,000 bpd can be reached within a year.

 

Indeed, if they begin to drill horizontal wells..................which would have potential daily production of up to 8000-10000 bpd...............we could get their much quicker.

 

What a great investment....

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