OTCPK:MAUXF - Post by User
Post by
gibbonsjon May 25, 2015 8:39pm
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Post# 23763031
April down 40% mom
April down 40% momI'm confused about the days of downtime as well. Based on typical production of 19k bpd in Q1 the difference equates to approximately 17 days not the 10 days discussed in the April update.
The combined net delivery of oil from the Umusadege field through the Umugini pipeline and the Nigerian Agip Oil Company Limited ("NAOC") export pipeline totaled approximately 240,980 bbls in April 2015 before estimated combined pipeline and export facility losses, and approximately 201,280 bbls after deduction of combined pipeline and export facility losses for April 2015 as estimated by Mart.
The combined net delivery of oil from the Umusadege field through the Umugini pipeline and the Nigerian Agip Oil Company Limited ("NAOC") export pipeline totaled approximately 579,700 bbls in March 2015 before estimated combined pipeline and export facility losses, and approximately 503,560 bbls after deduction of combined pipeline and export facility losses for March 2015 as estimated by Mart.
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