Mart Resources Inc. (Toronto Venture: MMT) and its co-venturers, Midwestern Oil and Gas Co. Plc, operator of the Umusadege field, and SunTrust Oil Co. Ltd. are pleased to provide an update on Umusadege field production and drilling operations for the months of August and September 2012.
Umusadege field production during August 2012 averaged 12,131 bo/d and averaged 11,303 bo/d during September 2012. Umusadege field downtime during August 2012 was less than one day and during September 2012 was less than three days. The average field production based on producing days ...