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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by watch22on Oct 04, 2012 4:33pm
456 Views
Post# 20449352

RE: RE: Ba Da BING Ba Da BOOM!!

RE: RE: Ba Da BING Ba Da BOOM!!

mjh.

Q1 production (field level, before pipeline losses) = 9,138 bopd

Q2 production (same) = 10,532 bopd

Umu 9 was tested in early April, and from the Q2 MD&A they clearly state that UMU-9 added to production for the quarter.  As you will know, they don't flow from all the zones, typically only one or two.  With tie ins and other optimization efforts, they likely didn't have it fully operationally until the middle of the quarter.  That would correspond with where we are now, flowing something in the order of 13,000-14,000 (constrained by pipeline capacity).  

If there were more pipeline capacity, we could produce at 18-19,000 bopd.  

I think the numbers tie together, but if I'm missing something, let me know.

Watch

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