Mart Resources

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Mart Resources provides operations and January 2016 production update

Umusadege field production averaged approximately 19,590 barrels of oil per day during January 2016 based on calendar days; average field production based on production days was approximately 21,170 bopd during January 2016. Total production from the Umusadege field in January 2016 was approximatel... Monday, February 29, 2016

Mart Resources enters arrangement agreement with Midwestern Oil & Gas and San Leon Energy

Mart Resources, Inc. (TSX:MMT) announces that it has entered into an arrangement agreement with Midwestern Oil & Gas Company Limited ('Midwestern'), San Leon Energy Plc and 1038221 B.C. Ltd. ('Acquireco'). Under the terms of the Arrangement Agreement, Acquireco, a wholly owned subsidiary of Midweste... Friday, January 22, 2016

Mart Resources announces December 2015 production and operations update

Umusadege field production averaged approximately 16,340 barrels of oil per day ('bopd') during December 2015 based on calendar days; average field production based on production days was approximately 19,515 bopd during December 2015. Total production from the Umusadege field in December 2015 was ... Wednesday, January 20, 2016

Mart Resources provides operations and November 2015 production update

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Limited and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for November 2015 and other operations. November 2015 Aggregate Production Update Umusadege field productio... Thursday, December 24, 2015


Mart Resources provides September 2015 production and operations update

Mart Resources, Inc. (TSX:MMT) - Umusadege field production averaged approximately 20,330 barrels of oil per day ('bopd') during September 2015 based on calendar days; average field production based on production days was approximately 20,900 bopd during September 2015. Total production from the Umu... Friday, October 23, 2015

Mart Resources enters arrangement agreement to be acquired by Delta Oil

Mart Resources, Inc. (TSX:MMT) announces that it has entered into an arrangement agreement with Delta Oil Nigeria B.V.. Under the terms of the Arrangement Agreement, an indirect wholly-owned subsidiary of Delta will acquire all of the issued and outstanding common shares of Mart by way of a plan of ... Friday, October 16, 2015

Mart Resources denies sale of company, continues to evaluate strategic alternatives

Mart Resources, Inc. (TSX:MMT) announces that, in response to recent reports contained in the Nigerian press, it has not entered into a definitive agreement or transaction regarding a sale of the company to Midwestern Oil & Gas Company Limited or any other party. The press report has been removed fr... Monday, October 12, 2015

Mart Resources provides operations update and August 2015 production figures

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Limited and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for August 2015 and other operations. Highlights Umusadege field production averaged approximately 17,970 ba... Friday, September 25, 2015

Mart Resources terminates takeover by Midwestern Oil & Gas

Mart Resources, Inc. (TSX:MMT) announces that, further to its press releases of June 15, 2015, July 16, 2015, July 27, 2015 and August 18, 2015, under the terms of the Arrangement Agreement (as amended), Midwestern Oil and Gas Company Limited had until August 26, 2015 to complete the acquisition of ... Thursday, August 27, 2015

Mart Resources provides update on operations and July 2015 production figures

Umusadege field production averaged approximately 18,460 barrels of oil per day during July 2015 based on calendar days; average field production based on production days was approximately 18,940 bopd during July 2015. Total production from the Umusadege field in July 2015 was approximately 572,200... Tuesday, August 25, 2015

Mart Resources announces financial and operating results for the six months ended June 30th 2015

Mart Resources, Inc. (TSX:MMT) is pleased to announce its financial and operating results (all amounts in United States dollars unless noted) for the six months ended June 30, 2015, including the Company's outlook and operations update: Three months ended June 30th 2015 Mart's share of average dail... Thursday, August 13, 2015

Mart Resources provides operations and June 2015 production update

Mart Resources, Inc. (TSX:MMT) - Umusadege field production averaged approximately 15,750 barrels of oil per day during June 2015 based on calendar days; average field production based on production days was approximately 17,300 bopd during June 2015. Total production from the Umusadege field in Jun... Friday, July 17, 2015

Mart Resources announces financial results for the first quarter 2015

Mart Resources, Inc. (TSX:MMT) is pleased to announce its financial and operating results (all amounts in United States dollars unless noted) for the three months ended March 31, 2015, including the Company's outlook and operations update: Three months ended 31 March 2015 Mart's share of average da... Friday, May 15, 2015

Mart Resources operations and March 2015 production update

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for March 2015 and other operations. March 2015 Aggregate Production Updat... Friday, April 24, 2015

Chen Lin Sees Buying Opportunity of a Lifetime in Energy Stocks

After correctly predicting $47/bbl oil last year, Chen Lin, author of the popular stock newsletter What Is Chen Buying? What Is Chen Selling?, is licking his stock-picking chops at the bargains now available in international oil plays and the ones that could materialize stateside if the artificial p... Tuesday, April 7, 2015

Mart Resources operations and January 2015 production update

Umusadege field production averaged 17,050 barrels of oil per day 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 528,560 barr... Friday, March 6, 2015

Umusadege Field averages 18,505 bopd in December 2014

Mart Resources, Inc. (TSX:MMT) and its co-venturers, Midwestern Oil and Gas Company Limited (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for December 2014 and other operations. December 2014 Aggregate Production... Monday, February 2, 2015
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