OTCPK:MAUXF - Post by User
Comment by
rgm714on Feb 05, 2013 12:25am
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Post# 20937809
RE: RE: RE: RE: Umugini oil pipeline
RE: RE: RE: RE: Umugini oil pipelineExcellent news, but remember how one of Mart's main "boosters" claimed that the pipeline was being laid back in November, even before the contract was awarded? And we have since heard others claim that construction started at varying times
Nov. 2, 2012
The Company, through its partner, is currently involved in the construction of the Umugini pipeline to a different export terminal for Ebendo crude. The completion of this alternate pipeline is not expected to be until 2013. A new purchase agreement may then need to be signed with another party for the purchase of Ebendo crude.