OTCPK:MAUXF - Post by User
Comment by
ncideron May 09, 2014 5:02pm
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Post# 22545987
RE:Crude sales agreement signed? Thats a big step forward.
RE:Crude sales agreement signed? Thats a big step forward.The crude purchase (sales) agreement was signed back in 2012. This is for accepting the oil at the Forcados terminal. The crude handling agreement is still pending as indicated in the presentation. This is for tie-in to the Trans Forcados leg of the pipeline. Both agreements are required before pumping any oil into Umugini.