Mart Resources Inc.

CALGARY, ALBERTA--(Marketwired - Mar 20, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") is pleased to announce that it is a member of a consortium (the "Consortium") that has acquired a 45% participating interest in Nigerian Oil Mining Lease 18 ("OML 18") and all associated assets, wells, pipelines and infrastructure from The Shell [...]

CALGARY, ALBERTA--(Marketwired - Mar 16, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that, further to its March 2, 2015 news release in respect of its letter of intent with Midwestern Oil and Gas Company Ltd. ("Midwestern"), it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with [...]

CALGARY, ALBERTA--(Marketwired - Mar 6, 2015) - Umusadege field production averaged 17,050 barrels of oil per day ("bopd") during January 2015 based on calendar days; average field production based on production days was approximately 18,070 bopd during January 2015. Total production from the Umusadege field in January 2015 was approximately [...]

CALGARY, ALBERTA--(Marketwired - Mar 2, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that it has entered into a letter of intent (the "Letter of Intent") with Midwestern Oil and Gas Company Limited, the operator of and one of Mart's co-venturers in the Umusadege field ("Midwestern"). The Letter of Intent sets out the [...]

CALGARY, ALBERTA--(Marketwired - Feb 23, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that the independent Special Committee formed to identify, examine and consider strategic and financial alternatives available to the Company has retained FirstEnergy Capital LLP of London, U.K. and Calgary, Canada to act as Mart's [...]

CALGARY, ALBERTA--(Marketwired - Feb 20, 2015) - Mart Resources Inc. (TSX:MMT) ("Mart" or the "Company") announces that its Board of Directors (the "Board") has initiated a process to identify, examine and consider strategic and financial alternatives available to the Company with the ultimate view of enhancing shareholder value and has established [...]

CALGARY, ALBERTA--(Marketwired - Feb 2, 2015) - Umusadege field production averaged 18,505 barrels of oil per day ("bopd") during December 2014 based on calendar days; average field production based on production days was 18,841 bopd during December 2014. Total production from the Umusadege field in December 2014 was approximately 573,663 [...]

Combined initial flow test rate of 13,309 barrels of oil per day ("bopd") from three sands tested in the UMU-13 well consisting of: - 4,447 bopd initial flow test rate achieved from the XVIIb sand - 5,120 bopd initial flow test rate achieved from the XIX sand - 3,742 bopd initial flow test rate achieved from the XXb sand Mart has [...]

CALGARY, ALBERTA--(Marketwired - Dec 19, 2014) - This document corrects and replaces the press release that was sent on Thursday, December 18, 2014. Corrected Highlights: Umusadege field production averaged 10,194 barrels of oil per day ("bopd") during November 2014 based on calendar days; average field production based on production days was [...]

CALGARY, ALBERTA--(Marketwired - Dec 18, 2014) - Umusadege field production averaged 10,194 barrels of oil per day ("bopd") during November 2014 based on calendar days; average field production based on production days was 12,554 bopd during November 2014. Umusadege field net deliveries into the Nigerian Agip Oil Company Limited ("NAOC") export [...]