OTCPK:MAUXF - Post by User
Comment by
stockpeekeron Apr 05, 2013 1:44pm
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Post# 21216851
Pipeline info from OER conf call
Pipeline info from OER conf call Main pipeline to Brass terminal, according to Agip, is currently expected to be back online by April 15. THIS SHOULD ALLAY FEARS.
Alternative pipeline to Forcados terminal has an expected completion date of late Q4 2013; delays due to "right of way" issues. We saw this in the Midwestern comments the other day.
Unfortunately we cannot expect to increase production much over the next 6 months except by getting more volume allocation from Agip.
I see no reason for Mart to pop past $2 again until we are closer to completion of the alternative pipeline.