mxo

  1. 7,334 Posts.
    the play on mxo is the company maker -the 4500
    sq m Asahan gas field.the $40million loan would be payed back
    in 3 to 6 months [10000BPD].the managing director believes the gas could be
    easily 2to 4 tcf .obviously we are talking very serious money here[up to $4 BILLION}
    the gas play is underexplored,thats the uncertainty,so is the funding.but dont be oblivious to the main game-the gas.
    the oil alone would not support this shareprice
    (Disclaimer;my opinions only ,see a broker 4advice)
 
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