Mart Resources, Inc. and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to announce additional initial flow rate test results for the UMU-10 well, updates on Umusadege field production, and an update on the progress to tie into the Shell Export Pipeline.

UMU-10 Well Test Results

The UMU-10 well encountered 479 feet of gross hydrocarbon pay in 20 sands. Six of these sands, XVIIa & XVIIb (commingled), XVIIIa, XIX, XXb, and XXI, have been perforated and completed for production. Any two of these zones can be produced simultaneously using dual string sliding sleeve completion technology. The sands completed in UMU-10 are expected to access 161 feet of the total 479 feet of gross pay in the well.

Flow rate tests during initial testing operations have now been completed on the XVIIa&b (commingled) sands and the XVIIIa sand and oil has flowed to surface. The results of these tests will be released once the review and evaluation of the test data is completed.

Tags: Mart Resources