OTCPK:MAUXF - Post by User
Comment by
mat_hogon Jul 06, 2012 3:08pm
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Post# 20089866
RE: Substantial production gains in Q3
RE: Substantial production gains in Q3 MMT has a lot of production behind the pipe, the increases have been due to Agrip pipeline allowing more oil capacity to Umusedge, we should have another bump to around 15k gross pretty soon. But keep in mind they will have capacity for 35k bopd pretty soon, pipeline restrictions. Thats why I was amazed the partners allowed MMT to drill UMU 10 since they have a lot already behind the pipe. Not sure what MMT current capacity would be if there were no restrictions. Would love to see the world end again so we could get another good pullback, would like to add some more.