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Mart Resources, Inc.: UMU-13 Well Drilling Update

Mart Resources, Inc.: UMU-13 Well Drilling Update

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- The UMU-13 well discovers hydrocarbons in a separate seismically defined structure that is located east of the existing producing area of the Umusadege field. The well was drilled to a total depth of 9,300 feet. - Preliminary evaluations based on open-hole well logging, pressures and drilling data indicate that…

Mart Resources, Inc.: Oil Flow Commences Through Umugini Pipeline

Mart Resources, Inc.: Oil Flow Commences Through Umugini Pipeline

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Oil flow has commenced through the 51-kilometer Umugini pipeline and into the Trans Forcados crude oil export pipeline system that connects to the Forcados oil export terminal…

Mart Resources, Inc. Dividend Reinvestment Plan

Mart Resources, Inc. Dividend Reinvestment Plan

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CALGARY, ALBERTA -- (Marketwired) -- 11/28/14 -- Mart Resources, Inc. (TSX: MMT) ("Mart" or the "Company") announces that it has recently adopted a Dividend Reinvestment Plan ("DRIP") in addition to the Share Dividend Plan ("SDP") adopted in June 2014. The DRIP provides shareholders with the ability to receive…

Conference Call to Be Held November 19, 2014 to Discuss Operational and Financial Results for the Quarter Ended September 30, 2014

Conference Call to Be Held November 19, 2014 to Discuss Operational and Financial Results for the Quarter Ended September 30, 2014

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CALGARY, ALBERTA -- (Marketwired) -- 11/17/14 -- Mart Resources, Inc. (TSX: 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, 2014. The conference call is…

Mart Announces Financial and Operating Results for the Three and Nine Months Ended September 30, 2014

Mart Announces Financial and Operating Results for the Three and Nine Months Ended September 30, 2014

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CALGARY, ALBERTA -- (Marketwired) -- 11/14/14 -- 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, 2014 ("Q3 2014"), including the Company--s outlook and…

Mart Resources, Inc.: Operations and Production Update

Mart Resources, Inc.: Operations and Production Update

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CALGARY, ALBERTA -- (Marketwired) -- 11/13/14 --Mart Resources, Inc. (TSX: MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Limited ("Midwestern", Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for October 2014 and other operations.October…

UMU-12 Well Initial Flow Test Results and Drilling Update

UMU-12 Well Initial Flow Test Results and Drilling Update

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- Clean-up and initial flow testing of the UMU-12 well is complete, yielding 5,366 barrels of oil per day ("bopd") during a six hour test period. - The drilling rig has been moved to the UMU-13 well location. Drilling operations will commence shortly on the UMU-13 well, a vertical exploration…

Mart Participates in Consortium to Acquire Onshore Nigerian Oil Mining Lease 18

Mart Participates in Consortium to Acquire Onshore Nigerian Oil Mining Lease 18

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CALGARY, ALBERTA -- (Marketwired) -- 10/21/14 -- 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 entered into an assignment agreement (the "Assignment Agreement") with The Shell Petroleum Development Company of Nigeria…

Mart Resources, Inc.: Operations and Production Update and $0.01 Per Common Share Dividend

Mart Resources, Inc.: Operations and Production Update and $0.01 Per Common Share Dividend

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CALGARY, ALBERTA -- (Marketwired) -- 10/16/14 -- Mart Resources, Inc. (TSX: MMT) -Mart Resources, Inc. ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Limited ("Midwestern", Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production…

Mart Resources, Inc.: Umugini Pipeline and Umusadege Drilling Update

Mart Resources, Inc.: Umugini Pipeline and Umusadege Drilling Update

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- The 51-kilometer Umugini pipeline tie-in at the Eriemu flow station and other start-up activities including the pumping of line fill and the inspection of the Umugini pipeline facilities has been completed. Accordingly, the Umugini pipeline is ready for injection of crude oil into the Trans Forcados crude oil export…

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