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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: $1.38 | Change: $0.00 | %Change: 0.00%
Volume: 51,700 | Day High/Low: 1.39/1.38 | 52 Week High/Low: 1.80/0.98


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3 stars

everytime I check this stock I half expect

it to have either blown through 1.50 or withered to 1.10. Talk about make or break times for this investment.  rate and reply
2.5 stars

RE:RE:RE:pistolpete96, all eyes on the pileline and the good it will

The more you pump, the short the life of the lease.   What would be the life of the company if they pursued this course?     Another 5 years?  8?   10?  rate and reply
4 stars

RE:RE:pistolpete96, all eyes on the pileline and the good it will

ditto your comments on Wade and group___ Instead of taking on more risk, why not try to maximize profits on what they already have rather than risk more than they (We) can afford to lose on another...read more
3 stars

UMU-3 Current Flow Rate

Hello, does anyone know what the current flow rate is for UMU-3. I understand a horizontal well can increase production by as much as 3 times. Any feedback would be appreciated. Thanks AB  rate and reply
3.5 stars

RE:pistolpete96, all eyes on the pileline and the good it will

Personally, I hope OML 18 falls through ... we get our deposit back ... we start pumping/selling oil through the new pipeline before September ... divy goes back to $0.05/qtr for October ... divy gets...read more
3.5 stars

pistolpete96, all eyes on the pileline and the good it will

bring to shareholders. Don't disagree with what you say but we're now way past the Shell June 30th cut off date for proving financing, not a peep concerning the London listing, not a word about OML 18...read more
3 stars

RE:RE:RE:Selling Umusadege field to finance OML 18?

Mart has allocation of some 40k BOD at Umugini.  They will need to drill to fill that up.  That's what they're finally doing, so they must be getting close to really finishing the pipeline.  rate and reply
4 stars

RE:RE:Selling Umusadege field to finance OML 18?

exactly my point.  rate and reply
2.5 stars

RE:Selling Umusadege field to finance OML 18?

What change in strategy are you talking about?  They're been talking about drilling laterals for ages.  They are finally actually doing it.  rate and reply
3.5 stars

Selling Umusadege field to finance OML 18?

OML absolutely dwarfs Umusadege. Lateral drilling is new. Change in strategy at a time when we have so much oil already behind the pipes seems to be an untimely expense unless you're trying to bulk up...read more
2.5 stars

5 Countries Most Plagued by Oil Theft

http://www.scandoil.com/moxie-bm2/by_province/africa/these-are-the-5-countries-most-plagued-by-oil-thef.shtml  rate and reply
3.5 stars

chopped dividend

I like the fact they chopped the dividend, at best it took 100% of profit out of the earnings. I think 80 million a year would go to much better use increasing production and earnings. I am bulking up...read more
5 stars

RE:UMU east and West

Probability of hitting oil is very  high in east and west.  East will be drilled first, I believe. Priority right now is to increase production.  Quickest and cheapest way to do that is the two...read more
0 stars

RE:UMU east and West

There will still be pipeline skimming but hopefully not much.   The company has a lot of 3D dispictions of what they are tapping.   How much they have covered is a good question.   You can also ask...read more
2 stars

UMU east and West

I am not a shareholder but am looking at taking a position.  I am wondering the probability of hitting oil on UMU east & west?  Have they shot 3D seismic over these areas?  Based on the corporate...read more
4 stars

RE:Getting closer

Yes indeed - that was good news!  AND THEY ARE GOING TO THE LAUNCH THE PIG SOON!  :-)  I need to get me a pig launcher...   The Umugini pipeline construction and tie-in are nearing completion...read more
1.5 stars

RE:Getting closer

Still no mention of Shell OML 18. Uncertaintity is killing us. Even when the line is flowing and all the tie ins are complete the Shell deal is so large that if its not structured to benefit MMT...read more
3.5 stars

Getting closer

And they drilled a horizontal!  rate and reply
5 stars

production update

Mart Resources, Inc.: Operations and Production Update   CALGARY, ALBERTA--(Marketwired - July 16, 2014) - Umusadege field production averaged 6,793 barrels of oil per day ("bopd") during June...read more
0 stars

RE:RE:MMT div

Thank you also  rate and reply