Mart Announces $0.05 Per Common Share Dividend
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CALGARY, ALBERTA -- (Marketwired) -- 12/11/13 -- 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…
Mart Resources, Inc.: UMU-11 Well Update- Initial Flow Test Results
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- 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…
Mart Resources, Inc.: Conference Call to Be Held November 22, 2013 to Discuss Operational and Financial Results for the Quarter Ended September 30, 2013
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CALGARY, ALBERTA -- (Marketwired) -- 11/20/13 -- 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…
Mart Announces Financial and Operating Results for the Nine Months Ended September 30, 2013
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CALGARY, ALBERTA -- (Marketwired) -- 11/19/13 -- 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…
Mart Resources, Inc.: Operations and Production Update
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- 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…
Mart Resources, Inc.: Operations and Production Update
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- Umusadege field production averaged 8,293 barrels of oil per day ("bopd") during September 2013 based on calendar days; average field production based on production days was 11,674 bopd during September 2013. - Umusadege field net deliveries into the export pipeline were approximately 261,200 barrels of oil ("bbls") in September…
Mart Resources, Inc.: UMU-11 Well Update and Pipeline and Export Facility Losses Update
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- The UMU-11 well reached the target total depth of 8,910 feet on September 27, 2013. Logging and formation evaluation will proceed, followed by completion and testing operations. - Mart and its co-venturers are working with the Nigerian Department of Petroleum Resources and Nigerian Agip Oil Company ("Agip") to reconcile…
Mart Resources, Inc.: Operations and Production Update
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- Umusadege field production averaged 9,235 barrels of oil per day ("bopd") during August 2013 based on calendar days; average field production based on production days was 12,085 bopd during August 2013. - Umusadege field net deliveries into the export pipeline were approximately 293,600 barrels of oil ("bbls") in August…
Mart Announces $0.05 Per Common Share Dividend
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CALGARY, ALBERTA -- (Marketwired) -- 09/04/13 -- 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 October 2, 2013 to shareholders of record at the close of…
Mart Resources Announces Grant of Stock Options
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CALGARY, ALBERTA -- (Marketwired) -- 08/20/13 -- Mart Resources, Inc. (TSX VENTURE: MMT) ("Mart" or the "Company") announces that it has granted an aggregate of 8,575,000 stock options, of which 6,250,000 options were granted to directors or officers of Mart. Each option represents the right to purchase one…