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Mart Resources rreports initial flow test results for UMU-9 well


Published Mar 16, 2012
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Mart commences drilling at the Qua Ibo field

Mart Resources and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited report the initial flow rate test results for the UMU-9 well and an update on February 2012 Umusadege field production.

As previously announced, the UMU-9 well encountered gross hydrocarbon pay of 430 feet from nineteen oil sands and one gas sand. Five of the UMU-9 sands have now been perforated and completed. The first extended flow test has been conducted on the 46-foot thick XIV sand at a stabilized rate of 4,240 bopd.

During the test of the XIV sand, the well flowed 43.3 API gravity oil through 3 1/2 inch tubing on a 32/64 inch choke at a flowing tubing pressure of 480 psi. Basic sediment and water (BS&W) was 0.2 % with a gas/oil ratio of approximately 90 standard cubic feet per barrel.

Tags: Mart Resources




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