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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Post by mjh9413on Jan 04, 2013 10:21pm
635 Views
Post# 20800573

Suntrust and UMU-10

Suntrust and UMU-10

This is from an update dated dec 21st.

"SunTrust Oil Company Nigeria Limited, is pleased to announce further developments in the UMU-10 well. The UMU-10 well encountered a 479 foot gross hydrocarbon pay in 20 sands. Six of these sands listed below have been perforated;

  • XVIIa (commingled)
  • XVIIb (commingled)
  • XVIIIa
  • XIX
  • XXb
  • XXI

These sands will be tested and completed for production. Any two of these zones can be produced simultaneously using dual tubing string sliding sleeve completion technology. Operations to prepare to flow test the six targeted sands in the UMU-10 well have been progressing and is approximately 80% completed.

The long string (3 1/2 inch) completion has been installed, and the short string (2 7/8 inch) installation is currently underway.  The sands completed in UMU-10 will access 161 feet of the total 479 feet of gross pay in the well."

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