OTCPK:MAUXF - Post by User
Comment by
2guyson Sep 14, 2012 9:51am
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Post# 20362632
RE: Favour
RE: Favour UMU-10 is still on the issued timeline.
They said it would reach TD prior to middle of month. Assuming they just reached TD, give them 3 to 4 days to test the open hole using wire logs to see how much oil is there and if it is deemed worthy of flowtesting.
Seeing that they are producing from similar sands, I don't see why this won't be a producer.
If this is the case, then maybe a news release early next week. If MMT doesn't issue a news release today or after maket closes, then rest assured that we should get good news. JMO