Mart Resources Inc. announces that it has closed the previously announced plan of arrangement with Midwestern Oil & Gas Company Limited, San Leon Energy Plc and 1038821 B.C. Ltd. Pursuant to the Arrangement, Acquireco, an indirect wholly-owned subsidiary of Midwestern, acquired all of the issued and outstanding common shares of Mart and holders of [...]
Mart Resources Inc. announces that further to its prior press releases, Mart has received confirmation that all of the funds required to be paid by 1038821 B.C. Ltd. to satisfy the aggregate purchase price to the Mart shareholders and certain transaction costs have been paid to CST Trust Company in accordance with the terms of the arrangement [...]
Mart Resources Inc. announces that further to its prior press releases, Mart has received confirmation that all of the funds required to be paid by 1038821 B.C. Ltd. to satisfy the aggregate purchase price to the Mart shareholders and certain transaction costs have been received by Acquireco's lawyers in Canada. Subject to satisfaction of certain [...]
Mart Resources Inc. announces that further to its prior press releases, San Leon Energy Plc, Midwestern Oil & Gas Company Limited, 1038821 B.C. Ltd. and Mart have mutually agreed, pursuant to the terms of a fourth amending agreement, to amend the terms of the arrangement agreement dated January 21, 2016, as amended (the "Arrangement Agreement") to [...]
Mart Resources Inc. announced that at its special meeting of securityholders held on March 3, 2016, Mart received approval from holders of common shares of Mart and holders of options of Mart for the previously announced plan of arrangement (the "Arrangement") pursuant to which, among other things, 1038821 B.C. Ltd., an indirect wholly-owned [...]
CALGARY, ALBERTA--(Marketwired - Mar 2, 2016) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that further to its prior press releases, San Leon Energy Plc ("San Leon"), Midwestern Oil & Gas Company Limited, 1038221 B.C. Ltd. ("Acquireco") and Mart have mutually agreed, pursuant to the terms of a third amending agreement (the [...]
CALGARY, ALBERTA--(Marketwired - Feb 29, 2016) - • Umusadege field production averaged approximately 19,590 barrels of oil per day ("bopd") during January 2016 based on calendar days; average field production based on production days was approximately 21,170 bopd during January 2016. • Total production from the Umusadege field [...]
CALGARY, ALBERTA--(Marketwired - Feb 25, 2016) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that further to its press releases of January 22, 2016 and February 18, 2016, respectively, San Leon Energy Plc ("San Leon"), Midwestern Oil & Gas Company Limited, 1038221 B.C. Ltd. ("Acquireco") and Mart have mutually agreed, pursuant [...]
CALGARY, ALBERTA--(Marketwired - Feb 18, 2016) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that further to its press release of January 22, 2016, San Leon Energy Plc ("San Leon"), Midwestern Oil & Gas Company Limited, 1038221 B.C. Ltd. ("Acquireco") and Mart have mutually agreed, pursuant to the terms of an amending [...]
CALGARY, ALBERTA--(Marketwired - Jan 22, 2016) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that it has entered into an arrangement agreement (the "Arrangement Agreement") with Midwestern Oil & Gas Company Limited ("Midwestern"), San Leon Energy Plc ("San Leon") and 1038221 B.C. Ltd. ("Acquireco"). Under the terms of the [...]
CALGARY, ALBERTA--(Marketwired - Jan 20, 2016) - Umusadege field production averaged approximately 16,340 barrels of oil per day ("bopd") during December 2015 based on calendar days; average field production based on production days was approximately 19,515 bopd during December 2015. Total production from the Umusadege field in December 2015 was [...]
CALGARY, ALBERTA--(Marketwired - Dec. 24, 2015) - Umusadege field production averaged approximately 19,715 barrels of oil per day ("bopd") during November 2015 based on calendar days; average field production based on production days was approximately 21,490 bopd during November 2015. Total production from the Umusadege field in November 2015 [...]