Mart Resources Inc MAUXF

umu10 drill results

[joelou]

hmmm .... well I'm going out on a limb and say they look great (pay zones)! Take it for what its worth.

cheers...JL

[molymoney]

Using logic , Wade covinced the partners to drill UMU 10 and they will be losing maybe about $14 million in forward oil payment to MMT. All this for the sole purpose of the deep target. Was not a fly on the wall but the sands, logs , porosity, increased pressures, must of looked favorable ..just my thoughts , OH Wade said the reserves go up if we hit here , but after TD i think it will take

[DeadMau5]

Whaaa...??  30 days for testing?  Are you basing this off how long it took UMU-9 to test and get info that included the deep zones?  Just sounds like a long time to test, but I also rememeber the run up waiting on UMU-9 (approx 30 dys) when i was expecting early Jan but recieved early Feb) and the HUGE let down after a bad PR about theft and the world ignored the amazing numbers.. &

[TheRock07]

Once at TD , they will run open-hole wireline logs  which will show the number of  oil-bearing sands and the cumulative gross oil pay .   Thats very good information which can be used to ball park the total productivty.   It will then take a few weeks to flow test these zones.   So, the gist of the wells success soon..............

[nssherlock1]

Even though Mart is getting more consistent with their NR, do not expect it in a timely manner or you could be disappointed. Having to report to Mart's partners and government agencies have always made the process unpredictable and demanding or expecting news has never been a successful strategy when it comes to Mart. The news will come eventually and I would have to say the last 6 or so