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Mart Resources Inc MAUXF



OTCPK:MAUXF - Post by User

Comment by DeadMau5on May 01, 2013 10:31am
304 Views
Post# 21324018

RE: New Pipeline Capacity

RE: New Pipeline Capacity

You can scroll back through old posts to find this out.  Find people that post good information and ignore the rest.    

I can not give you an accurate answer to your question because I don't think you meant to ask a different question all together.  You can google capacity of a pipeline or call a pipe company.  The new pipeline is a 12" line.

I think you meant to ask along the lines of how many more barrels a day will mart be producing?

Our current situation w/ AGIP, we only have a % negotiated of total pipeline capacity and w/ bunkering we avg 10,500 bpd +/-.  I know at peak flow we have produced upwards of 12,500 bpd +/-.  Our current % was increased roughly a year ago after a renegotiation w/ AGIP.  (I think that is correct)

The new pipeline, again I am not sure of what it is capable of producing but it has been said a number of times that when it is up and running Mart will be producing 35,000-40,000 bpd.  I am not sure if that means we will be transporting 25,000 bpd +/- in the new line and 10,500 bpd +/- thourgh AGIP's line..  IMO it doesnt matter.  With the new line operational I am waiting on 30K+/- bpd and tons of cash for bidding on new marginal fields and never touch the recently approved loan (that was NOT secured for divi payments, but for future growth of the company)

DM

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