Mart Resources is pleased to announce its financial and operating results for the year ended December 31: Net income for the year ended December 31, 2011 totaled $71.8 million ($0.214 per share), compared to net income of $8.7 million ($0.026 per share) for the year ended December 31, 2010.
HiAlpha Events is pleased to announce David S. Reed, Senior Energy Advisor for the Corporate Strategic Planning Department of Exxon Mobil Corporation (NYSE: XOM) as the keynote speaker for the HiAlpha? Energy Investment Conference. His presentation will be on "The Outlook for Energy: A View to 2040."
Standard & Poor's Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews. These changes will be effective at the open on Monday, April 23, 2012:
Mart Resources and its co-venturers, Midwestern Oil and Gas Company and SunTrust Oil Company Limited are pleased to provide an update on Umusadege field production and drilling operations. Umusadege field production during the month of March averaged 12,176 bopd based on production days.
Mart Resources and its co-venturers, Midwestern Oil and Gas Company and SunTrust Oil Company are pleased to announce the UMU-9 well flow rate test results for the XIIIa, XIIIb, XIIa and X sands. During the commingled test of the XIIIa and XIIIb sands, the well flowed 42 API gravity oil through 3 1/2 inch tubing on a 28/64 inch choke at a flowing [...]
Mart Resources and its co-venturers, Midwestern Oil and Gas Company and SunTrust Oil Company are pleased to announce the initial flow rate test results for the UMU-9 well and an update on February 2012 Umusadege field production.
Mart Resources is pleased to announce that it has been recognized for the second consecutive year by the TSX Venture Exchange as one of the TSX Venture 50® companies in 2012. The 2012 TSX Venture 50® is a ranking of strong performers on TSX Venture Exchange. It is comprised of ten companies from each of the following five sectors: Mining, Oil [...]
Mart Resources and its co-venturers, Midwestern Oil and Gas Company and SunTrust Oil Company are pleased to provide an operational update on the Umusadege field, onshore Nigeria. As previously announced, the UMU-9 well encountered cumulative gross hydrocarbon pay of approximately 430 feet from nineteen oil sands and one gas sand identified in the [...]
Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide an operational update on the Umusadege field, onshore Nigeria.
Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited, are pleased to announce an increase to export pipeline capacity and a production update for the Umusadege field.
Mart Resources and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited, are pleased to provide the following update on the UMU-9 well. The UMU-9 well commenced drilling operations on November 18, 2011 and is currently at a depth of approximately 8,311 feet, concluding the [...]
Mart Resources, Inc. is pleased to announce its interim financial and operating results for the three and nine month periods ended September 30, 2011: Net income for the three months ended September 30, 2011 was $21.0 million, compared to $1.2 million ($0.004 per share basic) for the three months ended September 30, 2010.
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