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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

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Post by knife2 on Sep 07, 2012 1:22pm

UMU 10

next week?
Comment by billythekidd on Sep 07, 2012 1:28pm
Lets hope we see UmU 10 news and production numbers for August with the Agip theft Rate....LOL......Maybe $1.50 is the number to make the Merger Happen ?
Comment by stockpeeker on Sep 07, 2012 1:47pm
I wouldn't expect news on UMU-10 hitting TD til third week in September.  Don't forget that getting to TD is the easy part; getting the news thru all the reviewers is the real challenge.  
Comment by 2guys on Sep 07, 2012 2:22pm
They did say they expect TD to be reached before the middle of September so that would be next week. Of course logging and testing would take longer, but not that long. Cormark says in their July 13 write up that if successful, oil can be flowing within 60 to 70 days after spud, although drilling has taken longer than the expected 40 days."The UMU-10 well commenced drilling on July 4, 2012 ...more  
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