Mart Resources Inc MAUXF

pipleline loss way down in January

[gibbonsj]

the 12 days February downtime is troublesome though.  No mention of NAOC investigation. Is that 9% January loss the investigation outcome or the result of shutting the line down before losses could mount? January’s downtime was only 4 or 5 days.  Feb’s was 12 days which does not look all that promising. New pipeline moving forward but negotiations with communities not done and construction crews for last legs not yet mobilized which could be because all the materials have not been delivered. I think we’re out of the monsoon season. Pipeline completion expected in fist half of year followed by installation of pumping, controls and commissioning. Production crude should flow in last half of year which was the original 2013 projection so kudos to Wade for staying on target.