- Initial flow testing of the VI sand for the UMU-3 side-track horizontal well resulted in a flow rate of 4,893 barrels of oil per day ("bopd"). - The drilling rig has been moved to the UMU-4 well location and operations to drill a side-track horizontal well are scheduled to begin shortly. CALGARY, ALBERTA--(Marketwired - Jul 25, 2014 [...]
CALGARY, ALBERTA--(Marketwired - Jul 16, 2014) - Umusadege field production averaged 6,793 barrels of oil per day ("bopd") during June 2014 based on calendar days; average field production based on production days was 10,871 bopd during June 2014. Umusadege field net deliveries into the export pipeline were approximately 203,786 barrels of oil [...]
CALGARY, ALBERTA--(Marketwired - Jun 30, 2014) - Mart Resources Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce the declaration of a quarterly dividend of $0.015 (one and one-half cents) per common share. The dividend is designated as an eligible dividend for the purposes of the Income Tax Act (Canada) and will be paid on [...]
CALGARY, ALBERTA--(Marketwired - Jun 20, 2014) - Mart Resources Inc. (TSX:MMT) ("Mart") announced that at its annual and special meeting of shareholders held on June 20, 2014 (the "Meeting"), each of the six nominees proposed as directors and listed in its management information circular dated May 20, 2014 were elected as directors. The detailed [...]
CALGARY, ALBERTA--(Marketwired - Jun 17, 2014) - Umusadege field production averaged 10,237 barrels of oil per day ("bopd") during May 2014 based on calendar days; average field production based on production days was 12,654 bopd during May 2014. Umusadege field net deliveries into the export pipeline were approximately 322,086 barrels of oil [...]
CALGARY, ALBERTA--(Marketwired - May 14, 2014) - 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 three months ended March 31, 2014 ("Q1 2014"): THREE MONTHS ENDED MARCH 31, 2014 Mart's share of average daily oil produced [...]
CALGARY, ALBERTA--(Marketwired - May 13, 2014) - Umusadege field production averaged 8,593 barrels of oil per day ("bopd") during April 2014 based on calendar days; average field production based on production days was 12,539 bopd during April 2014. Umusadege field net deliveries into the export pipeline were approximately 249,056 barrels of [...]
- Umusadege field production averaged 13,183 barrels of oil per day ("bopd") during March 2014 based on calendar days; average field production based on production days was 13,852 bopd during March 2014. - Umusadege field net deliveries into the export pipeline were approximately 350,750 barrels of oil ("bbls") in March 2014 [...]
CALGARY, ALBERTA--(Marketwired - Apr 10, 2014) - 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), and results of independent reserve evaluations in accordance with Canadian National Instrument 51-101 - Standards of Disclosure for [...]
A Deletion from the S&P/TSX Venture Composite and Venture Select Indices TORONTO, March 31, 2014 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The Toronto Stock Exchange announced today in the Daily Bulletin that the shares of Mart Resources Inc. (TSXVN:MMT) will graduate to trade [...]
CALGARY, ALBERTA--(Marketwired - Mar 31, 2014) - Mart Resources Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce that its common shares will commence trading on the Toronto Stock Exchange ("TSX") at the opening of the TSX on April 2, 2014. The Company's common shares will continue to trade under the trading symbol "MMT [...]
CALGARY, ALBERTA--(Marketwired - Mar 24, 2014) - Mart Resources Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce the declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on April 8, 2014 to shareholders of record at the close of business on March 31, 2014. The ex-dividend date is March 27 [...]