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stock_peeker

02/15/13 6:37 AM

#12753 RE: JustForFun7 #12752

JFF7, great find; may explain the rise in volume and price over the last 2 days; maybe it will help today as well; interesting that it took so long to show up on here and IV boards.

While I don't know whether MMT.v will ever be able to increase oil production to anything close to the 45,000boepd Wade mentions, we'll certainly enjoy watching them try.

Thanks for posting!

diggg

02/15/13 9:43 AM

#12754 RE: JustForFun7 #12752

MMT.v- very nice find - JustForFun7...Geez, I wonder what kind of dividend we'll be looking at later in the year (((Smile)))..I might not be able to count that high :)))

Bobwins

02/15/13 2:00 PM

#12758 RE: JustForFun7 #12752

thanks for finding this interview. I think the important point is that Wade is still saying pipeline will be done by mid 2013. I think that's a very aggressive plan and I personally will be very surprised if they succeed. They still don't have the agreement signed with the pipeline's new owners and they have to build a 53 mile pipeline. If oil flows before Q4 2013, I'll be shocked. We'll see. Nothing goes according to plan in Nigeria but I could be wrong.

Along the same lines, I would like to see them move ahead with the next well. Their drill pace is slow and if they are really going to have behind pipe production, they need to get going.

Holding and Molding!