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To: Boolish who wrote (123406)	10/15/2013 10:45:43 AM
From: small pockets	Read Replies (1) \| Respond to of 233883

LOL exit stage left.

To: Boolish who wrote (123406)	10/15/2013 10:53:50 AM
From: small pockets	Respond to of 233883

Added some MMT today. Mart Resources Inc (C-MMT) - News ReleaseMart produces 8,293 bopd from Umusadege in September 2013-10-15 09:10 ET - News Release Shares issued 356,574,867 MMT Close 2013-10-11 C$ 1.11 Mr. Sam Grier reports MART RESOURCES, INC.: OPERATIONS AND PRODUCTION UPDATE Mart Resources Inc. and its co-venturers, Midwestern Oil and Gas Company PU (operator of the Umusadege field) and SunTrust Oil Co. Ltd., are providing the following updates on Umusadege field production for September, 2013, and other operations. September 2013 Production Update Umusadege field production during September 2013 averaged 8,293 bopd. Umusadege field downtime during September 2013 was approximately 8.5 days due mainly to maintenance and repairs on the export pipeline performed by the pipeline operator, Nigerian Agip Oil Company Limited ("NAOC"). The average field production based on producing days was 11,674 bopd in September 2013. Total net crude oil deliveries into the export pipeline from the Umusadege field for September 2013 were approximately 261,200 bbls before pipeline losses. Pipeline and export facility losses reported by NAOC for August 2013 were 53,786 bbls, or 18.3% of total crude oil deliveries into the export pipeline. September 2013 pipeline and export facility losses have not yet been reported by NAOC. In addition to August 2013 losses reported by NAOC, adjustments to pipeline losses allocated to Mart and its co-venturers for January 2013 and February 2013 were reported by NAOC in its most recent report. These adjustments increased previously reported pipeline and export facility losses for January 2013 by 31,808 bbls to an updated total for the month of 84,290 bbls, which represents 22.6% of total crude oil deliveries into the export pipeline during January 2013. The adjustments also resulted in a decrease to previously reported pipeline and export facility losses for February 2013 of 4,266 bbls and an updated total for the month of 38,004 bbls, representing 22.9% of total crude oil deliveries into the export pipeline during February 2013. No additional adjustments to pipeline losses previously reported by NAOC in 2013 are anticipated. Pipeline and export facility losses have averaged 23.5% for the first eight months of 2013. The adjustments for January 2013 and February 2013 and an increase in the pipeline losses during 2013 are a result of application of a new formula for calculation of the pipeline losses. The new formula was imposed by NAOC in the crude handling agreement entered into in 2013. The formula has an effect on the overall calculation and allocation of pipeline losses, and the members of the cluster are in discussions with NAOC to contest the formula and are considering all options available. UMU-11 Well Update As previously announced, the UMU-11 well reached a final total drilling depth of approximately 8,910 feet on September 27, 2013. Open hole well logging has been completed, pressure surveys on prospective zones have been conducted, and fluid samples have been acquired. Operations to run 9 5/8 inch casing to the bottom of the well have been completed and the casing has been cemented. The primary objectives of the UMU-11 well are to appraise and produce the proven oil reservoirs encountered but not completed in the UMU-9 and UMU-10 wells. Target sands for flow testing have been identified and preparation to perforate and test the IX, XIIb and XIIIb zones is underway. The completion and testing of UMU-11 is expected to take approximately 30 days. Umugini Pipeline Update Negotiations are nearing conclusion with the local communities for right of way for the last five kilometres of the first section of the Umugini pipeline. It is expected that the pipeline contractor will re-mobilize and restart construction operations after current rains diminish and flooding recedes, which is anticipated by December 2013. Once final government approval is received for the second phase of the project and weather conditions permit, construction of the second section of the Umugini pipeline using a second construction crew will commence. It is expected that pipeline construction will be completed in the first half of 2014. Mart Presenting at Canaccord Genuity Global Resources Conference in Miami Wade Cherwayko, Chairman and CEO of Mart, will be a presenter at the Canaccord Genuity Global Resources Conference in Miami on October 16-18, 2013. Links containing the locations and details of the conferences are available on Mart's website under Investor Centre / Events Calendar - www.martresources.com. Additional information regarding Mart is available on the Company's website at www.martresources.com and under the Company's profile on SEDAR at www.sedar.com. Except where expressly stated otherwise, all production figures set out in this press release, including bopd, reflect gross Umusadege field production rather than production attributable to Mart. Mart's share of total gross production before taxes and royalties from the Umusadege field fluctuates between 82.5% (before capital cost recovery) and 50% (after capital cost recovery). We seek Safe Harbor