01:45 PM EST - Mart Resources, Inc. : announced initial flow test rate results for the UMU-13 well at the Umusadege field in Nigeria. The UMU-13 well encountered approximately 220 feet of gross oil pay in 11 sands. The UMU-13 well is a vertical well drilled to appraise a separate seismically-defined structure located east of the existing and producing Umusadege field. The sands selected for completion in the UMU-13 well were the XVIIb, XIX, and XXb sands, which have combined gross oil pay of 87 feet. Mart Resources, Inc.
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