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Mart Resources Inc V.MMT

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

Mart Resources Inc is an oil & gas exploration and development company.
Price: $1.12 | Change: $-0.01 | %Change: -0.88%
Volume: 226,420 | Day High/Low: 1.13/1.07 | 52 Week High/Low: 1.80/0.86
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0 stars

Read Yaughtbeaver on Investor Village.

Great post. Thanks Yaughtbeaver. glta.  rate and reply
4 stars

Some complaining about pipeline.

Some here arnt happy that things take so long. Thats Mart and thats Nigeria. Always been that way. Thing is things in the end do get done. Judge the company after oil is flowing for a few months. Many...read more
5 stars

top 5 O & G plays from noted investment letter

been writing saadvisory . com for 30 years. 1. t.mmt-- this company is going get massive production increases for new pipeline and huge amount of oil behind the pump. @ $1.00US (mauxf) you have to...read more
4 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

GOLDIE It was 134 million  rate and reply
0 stars

"OML 18 has reserves of 1.5 billion boe, although most of...

this is gas..."  Txs for posting that. It is in other reports too. eom  rate and reply
2 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

Then the $13million Mart paid for the 10% makes no sense  rate and reply
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

Macluver calculation is how I see it as well.  rate and reply
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

Again not quite. The whole consortium has 45% of OML18 with Mart telling us that their ownership percentage in the consortium gives them an indirect ownership of 10% of OML18. This leaves 35% (45 - 10...read more
5 stars

The Saudis cut production...

Saudis cut production http://www.zerohedge.com/news/2014-10-23/saudi-arabia-surprises-market-supply-cut-announcement-oil-jumps I guess they figured out China was getting their oil on the cheap...read more
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

How I came up with that number is, if Mart and its consortium bought 45% of OML-18, and Mart will own 10% of the total Block, you divide 10% total flied ownership by 45% Mart consortium =.222222 or 22...read more
5 stars

RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

How do you come up with 22.22% of the Consortium? I agree with 10% for the entire OML18 btw.  rate and reply
5 stars

RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

That is what I came up with too.  rate and reply
4.5 stars

Amin + Chen

The Energy Report Amin Haque, Industrial Alliance Securities (10/16/14) "While Mart Resources Inc.'s production downtime and pipeline losses in September were not out of line compared to other...read more
3 stars

RE:Not sure if this has been posted.

* Shell (30 pct), Total (10 pct), Eni (5 pct) selling stakes * Bids due from shortlisted suitors on Feb. 18 * Blocks produced avg 90,000 bpd of oil in 2012 - document * Glencore, Mercuria in...read more
1.5 stars

Not sure if this has been posted.

Found this article. It does not mention Mart, but has some relevant background relating to OML 18. http://gold.globeinvestor.com/servlet/ArticleNews/story/TRINA/20140212/2014-02-12T161349Z_271338103...read more
3.5 stars

RE:RE:RE:RE:RE:RE:OML 18 SPV partners

Not quite right. Mart holds a 22.22% ownership of the consortium which gives them an indirect 10% share of OML18. The remaining 77.78% of the consortium (Western, Sun, et al) has an indirect...read more
3 stars

RE:RE:RE:RE:RE:RE:RE:OML 18 SPV partners

Now that I cannot agree with as MMT and its partners (midwest, whatever) for one thing are just 50% of the Consortium! That much is clear. And the other 50% of the consortium is I believe Notore, a...read more
2.5 stars

RE:RE:RE:RE:RE:RE:OML 18 SPV partners

When you think of it, it has a nice 50/50 ring to it. Just like Umusadege once development expenses have been clawed back. Seems to me we have pretty much the exact same type of agreement @ OML-18 as...read more
3 stars

RE:RE:RE:RE:RE:OML 18 SPV partners

Then Mart's % in the 45% Consortium would be 10% / 45% = .222222222 or 22.22% leaving the remaining 22.78% of Consortium % for Western & Sun, making their % stakes a tad larger. Do I understand that...read more
4 stars

RE:RE:RE:RE:OML 18 SPV partners

10% of the entire OML18 not 10% of the Consortium  rate and reply

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