OTCPK:MGMXD - Post by User
Post by
veracruzon Jun 21, 2015 4:11pm
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Post# 23853344
Mariposa update
Mariposa update70% EDC 30% Alterra Drilling of 2 wells October 2015. If successful, a 3rd well may be drilled in 2016. If these 3 wells are successful the rig will be placed on standby over winter 2016, and up to 3 additional wells may be drilled October 2016. And…. They are considering 3 additional wells during 2017-2018 summer period. This could be some exceptional progress. Chile is being hailed with Brazil as the two countries to lead RE growth of S.A. into 2017.