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Mart Resources Inc T.MMT

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  MAUXF

Mart Resources Inc is an oil & gas exploration and development company.
Price: $1.35 | Change: $-0.01 | %Change: -0.74%
Volume: 96,400 | Day High/Low: 1.36/1.35 | 52 Week High/Low: 1.80/0.98


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0 stars

Post from IV Board on the CC:

Short and to the point (by Goldie)  Wade stated that we have pumped 16,000 bopd with existing wells before. Then with UMU3 & 4 that is another 10,000 bopd. Then remember Wade told us in early Fall...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:RE:Has Mart Won the OML 18?

Ok we heard you - BYE!   Why are you hanging around - they don't handout prizes to "I told you so's"  so see ya.  Bye!  Cioa!  Hasta la vista.  rate and reply
0 stars

RE:RE:RE:RE:RE:RE:RE:Has Mart Won the OML 18?

Same here - just keep adding here and there.  Completely agree.   I think we will be in for a very pleasant surprise once Wade gets his(our) oil flowing through that pipe.   I bet he bumps up the divy...read more
0 stars

RE:RE:RE:RE:RE:RE:RE:Has Mart Won the OML 18?

My LOL, all the cc's were good in 2012, 2013, and YTD, but we have increased debt, a reduced dividend, and wallowing share prices. OML 18 is estimated to cost $1.5 billion, MMT has put up $55 million...read more
5 stars

RE:RE:RE:RE:RE:RE:Has Mart Won the OML 18?

LOL, I love it Vestor! I am very surprised at the panic lately & the consistant sale of MMT shares given we are at the finish line.  Personally I don't run a marathon to lay down at the end. That...read more
3 stars

RE:RE:RE:RE:RE:Has Mart Won the OML 18?

Ya know you are absolutely right.  So sell.   Go ahead, right before the fill the pipeline and get revs flowing... It is soo hard to turn the valve in the rain - you should sell.  rate and reply
5 stars

RE:RE:RE:RE:Has Mart Won the OML 18?

So sell and move on.  Or did I miss something?  rate and reply
5 stars

RE:RE:oil spike coming?

a trader needs trades...what better way.  :-)  rate and reply
5 stars

RE:RE:RE:RE:Has Mart Won the OML 18?

Exactly so, but go to my point, if his "plan" to participate in OML18 was predicated on the pipeline being complete, the cash flow being greatly enhanced, and the divi intact when he went to raise the...read more
2.5 stars

RE:RE:RE:Has Mart Won the OML 18?

The seas are far from settled, it will be a choppy ride, IMO. The share price is speaking volumes.  Yes, they have cut the dividend and have increased debt. At the same time, Umugini still is not...read more
0 stars

RE:oil spike coming?

vestor111 wrote: http://finance.yahoo.com/news/oil--super-spike--is-coming--dan-dicker-194657769.html Speculation or attempt to bring back the large investors?  rate and reply
5 stars

RE:RE:Has Mart Won the OML 18?

An obvious question is when do they have to show the money? Could it be that Wade has believed his own timelines and expected production increases to be already producing cash flow, increased share...read more
0 stars

oil spike coming?

http://finance.yahoo.com/news/oil--super-spike--is-coming--dan-dicker-194657769.html  rate and reply
0 stars

RE:RE:Has Mart Won the OML 18?

Getting the pipeline up and generating cash flow will certainly help the financing of the deal.   BTW Have you looked at Camac?  CAK.   They gave a great presentation out at the O&G conference in...read more
4.5 stars

RE:Has Mart Won the OML 18?

Some good DD there, it is already know mart won the oml18.  The question now is how much did they pay.  It has been suggested about 1.5 billion for this property which currently produces 20k boe...read more
4.5 stars

Shell Seals Deal On Sale Of Four Oil Blocks in Nigeria

http://leadership.ng/business/381084/shell-seals-deal-sale-four-oil-blocks  rate and reply
4.5 stars

More confirmation that Mart has won OML 18

More confirmation that Midwestern Oil & Gas Plc/Mart Resources/Suntrust Oil, under the Erotron Consortium, won the bid for OML 18. http://leadership.ng/business/373449/hues-sale-shell-oil-blocks-saa...read more
5 stars

Has Mart Won the OML 18?

Why is Mart keeping silent on OML 18?. Mart has apparently won the bid? See article at :http://www.vanguardngr.com/2014/05/seplat-lost-shell-oil-blocks/  rate and reply
0 stars

RE:Freedom. Very soon. imo

Now is that very soon in Africa time?  rate and reply
3.5 stars

Check my Math

Ok if we make the following assumptions; the new UMU3 well produces at 4500+bopd, and the new UMU4 well produces about the same, combined with the new pipeline losses being 20% less than currently so...read more