CALGARY, ALBERTA--(Marketwired - Dec 14, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that, due to prevailing market and industry conditions, Mart and Delta Oil Nigeria B.V. ("Delta") have mutually agreed to terminate the arrangement agreement dated October 16, 2015 (the "Arrangement Agreement"). The Company and Delta [...]
CALGARY, ALBERTA--(Marketwired - Nov 26, 2015) - Umusadege field production averaged approximately 14,320 barrels of oil per day ("bopd") during October 2015 based on calendar days; average field production based on production days was approximately 20,070 bopd during October 2015. Total production from the Umusadege field in October 2015 was [...]
CALGARY, ALBERTA--(Marketwired - Nov 13, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") is pleased to announce its financial and operating results (all amounts in United States dollars unless noted) for the nine months ended September 30, 2015, including the Company's outlook and operations update: Three Months Ended September [...]
CALGARY, ALBERTA--(Marketwired - Nov 11, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that further to its press release of October 16, 2015, Mart and Delta Oil Nigeria B.V. ("Delta") have jointly agreed, pursuant to the terms of an amending agreement (the "Amending Agreement") to amend the terms of the arrangement [...]
CALGARY, ALBERTA--(Marketwired - Oct 23, 2015) - Mart Resources Inc. (TSX:MMT) - Umusadege field production averaged approximately 20,330 barrels of oil per day ("bopd") during September 2015 based on calendar days; average field production based on production days was approximately 20,900 bopd during September 2015. Total production from the [...]
CALGARY, ALBERTA--(Marketwired - Oct 16, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that it has entered into an arrangement agreement (the "Arrangement Agreement") with Delta Oil Nigeria B.V. ("Delta"). Under the terms of the Arrangement Agreement, an indirect wholly-owned subsidiary of Delta will acquire all of the [...]
CALGARY, ALBERTA--(Marketwired - Oct 9, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding a sale of the company to Midwestern Oil & Gas Company Limited ("Midwestern") or any other [...]
CALGARY, ALBERTA--(Marketwired - Sep 25, 2015) - • Umusadege field production averaged approximately 17,970 barrels of oil per day ("bopd") during August 2015 based on calendar days; average field production based on production days was approximately 18,760 bopd during August 2015. • Total production from the Umusadege field in [...]
CALGARY, ALBERTA--(Marketwired - Aug 27, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that, further to its press releases of June 15, 2015, July 16, 2015, July 27, 2015 and August 18, 2015, under the terms of the Arrangement Agreement (as amended), Midwestern Oil and Gas Company Limited ("Midwestern") had until August [...]
- Umusadege field production averaged approximately 18,460 barrels of oil per day ("bopd") during July 2015 based on calendar days; average field production based on production days was approximately 18,940 bopd during July 2015. - Total production from the Umusadege field in July 2015 was approximately 572,200 barrels of oil ("bbls"). - The [...]
CALGARY, ALBERTA--(Marketwired - Aug 18, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that further to its press releases of June 15, 2015, July 16, 2015 and July 27, 2015, under the terms of the Arrangement Agreement (as amended), Midwestern Oil and Gas Company Limited ("Midwestern") has until August 19, 2015 to [...]
CALGARY, ALBERTA--(Marketwired - Aug 13, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") is pleased to announce its financial and operating results (all amounts in United States dollars unless noted) for the six months ended June 30, 2015, including the Company's outlook and operations update: THREE MONTHS ENDED JUNE 30, 2015 [...]