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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Post by molymoneyon Sep 12, 2012 1:11pm
552 Views
Post# 20352898

Post 31393738 Oullins...BOLDED

Post 31393738 Oullins...BOLDED

The Rock07, "With 15-20 oil bearing sandstones in almost each well and constrained to co-producing just 2 of these due to pipeline constraints," The 2 zones only production constraint has nothing to do with the pipeline. They are dual-string wells so you can only produce from 2 zones.

Concerning the pipeline, my understanding from NYC presentation is that the pipeline is engineered for 65,000 bopd. It could go to 85K with extra pumps. Add AGIP at 15,000 BOPD and you get to enough capacity for some time to come.

Export capacity limitation will come from the main Shell pipeline. I believe that's a 300K pipeline. My guess is that Mart will get a 25K allocation in phase 1 and 50K in phase 2 (2014). Only a guess

MM.we had draft(crude handling agreement) from SHELL ..wade has number of bod capacity we get downstream.waiting for red tape on crude handling agreement..shell not at barn burning speed .we are not high priority as they have much on the table but it will get done

MM

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