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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by 2guyson Sep 07, 2012 2:22pm
374 Views
Post# 20333751

RE: RE: RE: UMU 10

RE: RE: RE: UMU 10

They did say they expect TD to be reached before the middle of September so that would be next week.

Of course logging and testing would take longer, but not that long. Cormark says in their July 13 write up that if successful, oil can be flowing within 60 to 70 days after spud, although drilling has taken longer than the expected 40 days.

"The UMU-10 well commenced drilling on July 4, 2012. The well is currently at a depth of approximately 7,688 feet. It is anticipated that the UMU-10 well will reach its targeted total depth of approximately 9,700 feet before the middle of September, 2012. The primary objectives of the UMU-10 well will be the oil-bearing sands identified in the 8-1/2-inch deviated hole section of the UMU-9 well."

I'm not sure if this has been posted before, but here's the link to the Cormark report of July 13:

https://dashboard.cormark.com/servlet/display.pdf?repid=gursu@cormark.com_20120712203810227&userid=croy@cormark.com

"The UMU-9 well tested a combined 11,718 B/d from the XIIIa, XIIIb, XIIa, X and XIV

sands. The UMU-10 well spud on July 4, 2012. Logs from UMU-10 can be expected ~40

days after spud while oil could be flowing to surface within 60-70 days following

spudding of the well."

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