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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > 12-18 months from now
View:
Post by knife2 on Jul 13, 2012 9:54pm

12-18 months from now

There is a good chance we could be at a 1.5 billion market cap, here is how:

 

UMU 10 producing, horizontal well producing, shell pipeline operational (all wells producing to capacity) = 25,000 bbls/day gross.  And this is all pretty low risk.

 

Not to mention the upside potential of a successful exploration well that has the potential to double reserves.  Wow, I'm sticking around for a while on this one.

Comment by molymoney on Jul 13, 2012 10:23pm
If umu 10 HITS big on these lower sands ..highly probable they exist over most of UMU oil field. think about that..oil has to come to surface for reserves ..if they hit .and shell goes all ahead ..think they need second drill , and i believe they have to re-evaluate size of pipeline..hoping they enough space in the shell exit line :) MM
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