OTCPK:MAUXF - Post by User
Post by
PingPongon Jul 16, 2014 3:39pm
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Post# 22752387
UMU east and West
UMU east and WestI am not a shareholder but am looking at taking a position. I am wondering the probability of hitting oil on UMU east & west? Have they shot 3D seismic over these areas? Based on the corporate presentation these should be drilled in 2014 correct? If the east and west prospects have oil this would be a large extension of the reservoir. Are they drilling east or west first? I can't get over the "pipeline losses" hopefully the new pipepline will eliminate much of that.