CALGARY, ALBERTA--(Marketwired - Mar 18, 2014) - Mart Resources Inc. (TSX VENTURE:MMT) - Umusadege field production averaged 8,083 barrels of oil per day ("bopd") during February 2014 based on calendar days; average field production based on production days was 14,342 bopd during February 2014. On February 16, 2014, production from the Umusadege [...]
CALGARY, ALBERTA--(Marketwired - Feb 27, 2014) - Mart Resources Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce that it has, through its wholly-owned Nigerian subsidiary, arranged to increase its existing secured term loan credit facility with Guaranty Trust Bank PLC from US$100 million to US$175 million. The increased [...]
- Umusadege field production averaged 11,563 barrels of oil per day ("bopd") during January 2014 based on calendar days; average field production based on production days was 13,151 bopd during January 2014. - Umusadege field net deliveries into the export pipeline were approximately 343,800 barrels of oil ("bbls") in January [...]
CALGARY, ALBERTA--(Marketwired - Jan 22, 2014) - Mart Resources Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") announces that it has granted an aggregate of 9,025,000 stock options, of which 6,400,000 options were granted to directors or officers of Mart. Each option represents the right to purchase one common share of the Company at an exercise [...]
- Umusadege field production averaged 5,049 barrels of oil per day ("bopd") during December 2013 based on calendar days; average field production based on production days was 12,185 bopd during December 2013. - Umusadege field net deliveries into the export pipeline were approximately 145,800 barrels of oil ("bbls") in December [...]
- Umusadege field production averaged 10,263 barrels of oil per day ("bopd") during November 2013 based on calendar days; average field production based on production days was 12,801 bopd during November 2013. - Umusadege field net deliveries into the export pipeline were approximately 286,900 barrels of oil ("bbls") in November [...]
Combined tested flow rate of 6,494 barrels of oil per day ("bopd") from the three sands tested in the UMU-11 well consisting of: - 1,324 bopd stabilized flow rate achieved from the IX sand during clean up - 3,650 bopd stabilized flow rate achieved from the XIIb sand during clean up - 1,520 bopd stabilized flow rate achieved from the XIIIb [...]
CALGARY, ALBERTA--(Marketwired - Dec 11, 2013) - 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 January 6, 2014 to shareholders of record at the close of business on December 19, 2013. The ex-dividend date is [...]
- 3,650 barrels of oil per day ("bopd") stabilized flow rate achieved during cleanup from the XIIb sand. - 1,520 bopd stabilized flow rate achieved during cleanup operations from the XIIIb sand. - One more test remains to be done on the IX sand that has been perforated and completed in the UMU-11 well. CALGARY, ALBERTA--(Marketwired [...]
CALGARY, ALBERTA--(Marketwired - Nov 20, 2013) - Mart Resources Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce the following conference call presentation: Mart will hold a conference call to discuss the operational and financial results for the quarter ended September 30, 2013. The conference call is scheduled for November [...]
CALGARY, ALBERTA--(Marketwired - Nov 19, 2013) - Mart Resources Inc. (TSX VENTURE: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 and nine months ended September 30, 2013 ("Q3 2013"): THREE MONTHS ENDED SEPTEMBER 30, 2013 Mart's share of [...]
- Umusadege field production averaged 10,735 barrels of oil per day ("bopd") during October 2013 based on calendar days; average field production based on production days was 12,638 bopd during October 2013. - Umusadege field net deliveries into the export pipeline were approximately 325,700 barrels of oil ("bbls") in October [...]