Mart Resources / Nigerdelta - Wachstum und Dividende - 500 Beiträge pro Seite

[praesens]

Hallo, ich hätte zwar nie gedacht, daß ich mal einen Ölwert vorstelle, noch dazu im Nigerdelta mit all den damit verbundenen negativen Schlagzeilen, aber dennoch:

Mart Resources Inc.

gelistet an der TSX-V und in D,
Symbol: MMT
WKN: A0CAKJ
Kurs heute: 2,08 $
ausgegebene Aktien: knapp 360 mio Stücke
marketcap: knapp 750 mio $

Warum ich die Aktie interessant finde ?
Das erklärt sich am Besten anhand dreier Grafiken.
Die bekomme ich hier allerdings nicht vernünftig eingestellt.
Es fehlen die Textangaben (Jahreszahlen, Mengen, Beträge).
Ihr müßt dazu in die entsprechende Präsentation schauen,
auf Seite 15, 16 und 17:

http://www.martresources.com/wp-content/uploads/2012/06/Mart-Resources-AGM-Presentation_28Jun12.pdf

Außerdem wird seit 2010 Dividende gezahlt, 0,05 $ / Quartal. Quelle ebenfalls obiger link, Seite 5.


Aus der Präsentation zur AGM im Juni 2012:

Grafik 1 - Reserven:






Grafik 2 - Öl-Verkauf und cash flow:







Grafik 3 - cash position:







Kursverlauf 5 Jahre:




Kursverlauf 1 Jahr:




Quelle der Kursgrafiken: http://www.stockhouse.com/companies/overview/v.mmt

[praesens]

Die core property von Mart ist das

Umusadege Oil Field.

Oil production commenced from the Umusadege field in 2008 and has produced over 3 million barrels of oil as of September, 2011.
The field production increased to approximately 10,525 barrels per day by May, 2011.
Our development program continually focuses on developing and evaluating the field’s production and reserve potential.

Quelle: http://www.martresources.com/about-us/

[praesens]

Hier findet man die quarterlies, annuals und MD&As:

http://www.martresources.com/investor-relations/financial-re…

[praesens]

Canadian office:

Mart Resources Inc.
310, 1167 Kensington Crescent
NW Calgary, Alberta T2N 1X7
CanadaTel: [phone]
Fax: [phone]
[e-mail]

http://www.martresources.com

[praesens]

Umusadege Field Summary
Discovered

Discovered by the UMU-‐1 well in 1974.

Six wells have been completed for production including the most recent UMU-­‐9 well. Field production from UMU-­‐1,5,6,7,8 and 9 currently averaging over 12,000 bopd.

Central processing facilities upgraded to 35,000 bopd capacity and export via pipeline system to AGIP Brass River Terminal.

UMU-­9 well flowed at a combined stabilized rate of 11,718 bopd from the 5 zonestested.

The UMU-­9 well is the first well drilled on the eastern extension of the Umusadegefield which had previously no assigned proved reserves.

Furtherwells planned for 2012/13 include UMU-­10 and UMU-­11 and possibly a horizontal well.





Quelle: http://www.martresources.com/wp-content/uploads/2012/06/Mart… Seite 8

[praesens]

Hier eine Darstellung der property-Entwicklung.

In der Bildmitte die existierenden Wellen, incl. der geplanten UMU-10 Bohrung
Links und rechts davon, also westlich und östlich, die zukünftig zu explorierenden Teile der property




Dazu das work program für 201272013 aus folfender Präsentation
http://www.martresources.com/wp-content/uploads/2012/10/Mart…
Seite 5

[praesens]

News vom 9. Januar bezüglich UMU-10 Testbohrung:

http://www.martresources.com/wp-content/uploads/2010/06/umu-…

U.U.:
"• 1,943 barrels of oil per day (“bopd”) stabilized flow rate achieved during clean up from the XXI sand on a reduced 28/64 choke.
• Four more tests remain to be done on sands perforated and completed in the UMU-10 well."

[praesens]

Wir sind ja in Nigeria :

Auch aus obiger news:

"As previously reported, there was no production from the Umusadege field in November 2012 through December 20, 2012 due to a shutdown of the export pipeline that started on Octobern 30, 2012."

[praesens]

Lage von Usumadege:





Man erkennt die Pipeline von Usumadege zu Avia.

Es soll eine Pipeline gebaut werden zur Einspeisung des Öls in die Shell-Pipeline. Hierfür sind in 2012 bereits Ausgaben getätigt worden (siehe financials), Fertigstellung ist geplant für die 2. Jahreshälfte 2013 (siehe hierzu http://www.martresources.com/wp-content/uploads/2012/10/Mart…, Seite 5)

Die Kapazität soll um die 40.000 bopd betragen, womit die Produktion gesteigert werden soll !
Ich habe die ca. 40.000 bopd vorhin irgendwo gelesen, aber finde es verdammt nochmal nicht mehr, muß also hier link-/Quellenmäßig gerade mal passen.

[praesens]

Nicht Avia - Agip ...

[KMST]

guter wert. bis jetzt der traum eines jeden anlegers. 2009 eingestiegen und alle halben jahre 100% dividentenrendite, daß wäre klasse

[praesens]

Tja, bin spät auf Mart aufmerksam geworden. Und auch das war nur ein Zufall. Wäre man hier schon länger drin gewesen, wäre bereits jetzt ein 20-bagger drin gewesen ...

Hätte, wäre, wenn

Gruß, praesens

[ultrawuffsn]

Antwort auf Beitrag Nr.: 44.148.500 von praesens am 15.02.13 23:41:09

schöner chartverlauf aber leider 3 jahre zu spät vorgestellt.dann komm lieber mit rüber zu northland die sind wieder ganz billig und wenn alles gut wird bald wieder ganz teuer.

[zopotrump]

Ich bin der Meinung das die Aktie noch einiges an Potential hat.
Außerdem ist die Dividende jetzt schon richtig gut!
Wird die Pipeline fertig gestellt können sich die Aktionäre
auf noch mehr Dividende freuen.
Bin sehr froh diese Aktie im Depot zu haben.
Werde die Position noch aufstocken!!

[Sanoko]

Nächster Schub kommt wenn die Pipeline läuft im Q3/Q4. Produktion kann sich dann verdoppeln. Entweder dann in die Erwartung der News oder spätestens mit den News verkaufen, es sei denn MMT kann bis dahin neues Potential/Projekte zeigen.

[tradepunk]

Antwort auf Beitrag Nr.: 44.146.915 von praesens am 15.02.13 17:44:06

Klasse-Thread-Eröffnung! Gute, informative Präsentation! Sowas ist mittlerweile leider sehr selten geworden in W-O-Land!

+ ein sehr interessanter Wert ists auch noch! Nur schade, daß "man" (Du, ich, "Alle"(?) ...) erst jetzt drauf aufmerksam werden!
Dicker Daumen jedenfalls!

VG, tp

P.S.: die ~40k bopd, die Du in #9 gesucht hast, stehen doch (beinahe) in #5: Central processing facilities upgraded to 35,000 bopd capacity

[praesens]

Hallo tradepunk,

danke für die Blumen !

Mit der Quelle zu den 35.000 bopd hat Du Recht.
Ich hatte mich versteift auf diese Quelle mit gut 40.000 bopd - Brett vor´m Kopf ...

Gruß, praesens

[goldeule]

@Preasens


Danke für die gute Darlegung.

Ich habe vor ein paar Tagen gekauft und nach meiner Recherche nochmals nachgekauft. Super Aktie, der Chart hat eh schon alles gesagt, die Fundamentalzahlen bestätigen es.

Ich könne mir vorstellen, dass irgendwann Ende 2013 auf die Dividende 10 Cent/Quartal erhöht wird.

@Börsenkrieger

Danke für den guten Tipp!


Die Goldeule

[praesens]

Antwort auf Beitrag Nr.: 44.160.007 von goldeule am 19.02.13 19:20:20

Danke, goldeule !

boersenkrieger ist hier auch investiert ? - Na dann mal ein "schön Dich wieder zu treffen".

Mart und das Potential ...
... klar, im nachhinein ist man immer schlauer und kann sagen, daß nicht nochmal ein 20-bagger drin sein wird.

Aber das muß es ja auch nicht.

Ich lehne mich mal aus dem Fenster, obwohl solche Prognosen letztendlich reiner Humbug sind:

100 % halte ich allemal für möglich bei Inbetriebnahme der neuen Pipeline und Verdoppelung der Förder-/Einspeisemenge.
Darüberhinaus wird die Ressource auf Umusadege ausgeweitet werden können ...?
Werden andere properties akquiriert werden können, die vielleicht auch erfolgreich sein können / werden ...?

Daneben frage ich mich, ob nicht für Mart ein Verlassen der TSX-V und ein listing in einem Segment eines big boards Sinn macht ...?


Gruß, praesens

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-u…

"Mart Resources, Inc.

TSX VENTURE : MMT



March 01, 2013 08:30 ET
Mart Resources, Inc.: UMU-10 Well Update and December 2012 and January 2013 Operational Update

CALGARY, ALBERTA--(Marketwire - March 1, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT)

Testing of the UMU-10 well has been successfully completed on three sands and oil has flowed to surface and testing has been concluded. The Company will release updated results once the review and evaluation of the test data is completed.
The rig has now been skidded to the last drill slot on the pad and the rig is being set up and upgraded to prepare for the UMU-11 well.
The Operator plans to return to the UMU-10 well after drilling the UMU-11 well to carry out testing operations on the two remaining oil zones.
Umusadege field production averaged 11,459 barrels of oil per day ("bopd") during January 2013; average field production based on production days was 11,841 bopd during January 2013.
Umusadege field net deliveries into the export pipeline were approximately 355,000 barrels of oil ("bbls") in January 2013 before pipeline losses.
Umusadege field production and deliveries into the export pipeline were shut down during November and for 24 days in December 2012. Umusadege field production averaged 2,705 bopd during December 2012; average field production based on production days was 11,980 bopd during December 2012. Umusadege field net deliveries into the export pipeline were approximately 89,000 bbls in December 2012 before pipeline losses.

Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") 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.

As previously announced, the first extended flow rate test was conducted on the XXI sand, the deepest of the sands to be tested, at a stabilized rate of 1,943 bopd during initial well testing. During the test of the XXI sand, the well flowed 55.3 API gravity oil through 3 1/2 inch tubing on a 28/64 inch choke at a flowing tubing pressure of 1260 psi. BS&W was 5% with a gas/oil ratio of approximately 588 standard cubic feet per barrel.

The rig has now been skidded to the last drill slot on the pad and the rig is being set up and upgraded to prepare for the UMU-11 well. The Operator plans to return to the UMU-10 well after drilling the UMU-11 well to carry out the remaining two testing operations on sands XXb and XIX in the long string. Multirate flow testing will then be performed on all sands completed in the long string: XIX, XXb, and XXI.

December 2012 and January 2013 Production Update

Umusadege field production during December 2012 averaged 2,705 bopd. Umusadege field downtime during December 2012 totaled 24 days. The average field production based on producing days was 11,980 bopd in December 2012.

Total crude oil deliveries into the export pipeline from the Umusadege field for December 2012 were approximately 89,000 bbls before pipeline losses. Pipeline and export facility losses for December 2012 as reported to Mart by the pipeline operator were 14,919 bbls or approximately 16.7% of total crude deliveries.

Umusadege field production during January 2013 averaged 11,459 bopd. Umusadege field downtime during January 2013 totaled 1 day. The average field production based on producing days was 11,841 bopd in January 2013.

Total crude oil deliveries into the export pipeline from the Umusadege field for January 2013 were approximately 367,000 bbls before pipeline losses. Pipeline and export facility losses for January 2013 have not yet been reported to Mart by the pipeline operator.

In December 2012, 600,000 bbls were lifted from the export facility on behalf of Mart and its co-venturers. Payment for these sales of oil were received in January and February 2013, and Mart and its co-venturers owe the exporter approximately 300,000 bbls as of the end of January in connection with the December 2012 liftings.

Production from the Umusadege field has been down for approximately 10 days in February 2013 due to a maintenance shutdown by the pipeline operator.

Shell Export Pipeline

Mart and its co-venturers are proceeding with plans to provide a second independent export pipeline for Umusadege field production. The pipe arrived in Nigeria in late December and has been trucked to site. Right-of-way agreements required for the construction of the pipeline have been negotiated and completed, and clearing of the pipeline right-of-way is underway and ongoing. It is anticipated that ditching operations will begin shortly, and the pipeline construction contractor will begin working from two locations: one near the Umusadege field and one near the midpoint between Umusadege and the Shell Export station. Other pipeline and facility design and specification requirements are being completed and necessary equipment is being procured and will be delivered concurrent with the pipeline construction.

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.

INVESTOR RELATIONS:

Investors are also welcome to contact one of the following investor relations specialists for all corporate updates and investor inquiries:
FronTier Consulting Ltd.
Mart toll free # 1-888-875-7485
Attn: Sam Grier
Timea Carlsen
Email: [e-mail]"

[praesens]

www.marketwire.com/press-release/mart-resources-inc-february…

"Mart Resources, Inc.

TSX VENTURE : MMT



March 08, 2013 09:18 ET
Mart Resources, Inc.: February 2013 Production Update

- Umusadege field production averaged 6,458 barrels of oil per day ("bopd") during February 2013 based on calendar days; average field production based on production days was 12,740 bopd during February 2013.

- Umusadege field net deliveries into the export pipeline were approximately 181,000 barrels of oil ("bbls") in February 2013 before pipeline losses.

CALGARY, ALBERTA--(Marketwire - March 8, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following update on Umusadege field production for February 2013.

February 2013 Production Update

Umusadege field production during February 2013 averaged 6,458 bopd. Umusadege field downtime during February 2013 was 14 days due mainly to maintenance on the export pipeline performed by the pipeline operator. The average field production based on producing days was 12,740 bopd in February 2013.

Total crude oil deliveries into the export pipeline from the Umusadege field for February 2013 were approximately 181,000 bbls before pipeline losses. Pipeline and export facility losses for January 2013 as reported by the operator were 52,842 bbls or approximately 14.1% of total crude deliveries. February pipeline and export facility losses have not yet been reported by the pipeline operator.

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.

INVESTOR RELATIONS:

Investors are also welcome to contact the following investor relations specialists for all corporate updates and investor inquiries:
FronTier Consulting Ltd.
Mart toll free # 1-888-875-7485
Email: [e-mail]

..."

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-u…

"Mart Resources, Inc.

TSX VENTURE : MMT



March 11, 2013 09:27 ET
Mart Resources, Inc.: UMU-10 Well Testing Update and Umusadege Operational Update

CALGARY, ALBERTA--(Marketwire - March 11, 2013) -

From the three sands tested to date, the UMU-10 well has produced at a combined rate of 5,019 barrels of oil per day ("bopd") from the XXI, XVIIa, and XVIIb oil sands, and 609 barrels of condensate per day from the XVIIIa gas/condensate sand.

3,076 bopd stabilized flow rate achieved during maximum efficient rate ("MER") testing from the XVIIa & XVIIb oil sands (commingled) on a 32/64 choke.

609 barrels per day ("bpd") of condensate, and 4.26 million cubic feet per day ("MMcf/d") of gas stabilized flow rates achieved during MER testing from the XVIIIa gas sand on a restricted 20/64 choke.

The rig has now been skidded to the last drill slot on the pad and the rig is being set up and upgraded to prepare for the UMU-11 well. It is anticipated that the UMU-11 well will spud during March 2013 to develop previously appraised oil reservoirs.

The Operator plans to return to the UMU-10 well to carry out testing operations on the two remaining untested oil zones following the drilling of UMU-11.

The construction contract for the Umugini pipeline has been awarded, and it is anticipated that ditching operations will commence shortly.

Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited (together "the Co-venturers") are pleased to announce additional flow rate test results for the UMU-10 well, and provide the following update on Umusadege field operations and progress on the new 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 sands 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 conducted during initial testing operations have now been completed on the XVIIa & XVIIb (commingled) sands and the XVIIIa sand. A stabilized flow rate of 3,076 bopd was recorded from the 33 foot (gross pay) XVIIa & XVIIb commingled sands of 49 API gravity oil through 2 7/8 inch tubing (short string) on a 32/64 inch choke at a flowing tubing pressure of 680 psi. Water production has reduced to zero after cleanup with a gas/oil ratio of 125 standard cubic feet per barrel.

The flow rate tests of the 18 foot (gross pay) XVIIIa gas/condensate sand recorded a stabilized test rate of 609 bpd of condensate and 4.26 MMcf/d of gas during testing operations conducted through 2 7/8 inch tubing (short string) on a 20/64 inch choke at a flowing tubing pressure of 2,400 psi. The well flowed gas and 53 API gravity condensate with basic sand and water ("BS&W") of 11%.

The gas/condensate sand completed in XVIIIa is expected to be produced after the XVIIa & XVIIb sands are fully depleted. This is consistent with the field development strategy of the Operator, which focuses on bringing the oil zones on production in the near term through additional development drilling. The gas from the XVIIIa sand is expected to be utilized as fuel for the new central processing gas fired generators.

As previously announced, the first extended flow rate test was conducted on the XXI sand, the deepest of the sands to be tested, at a stabilized rate of 1,943 bopd during initial well testing. During the test of the XXI sand, the well flowed 55.3 API gravity oil through 3 1/2 inch tubing on a 28/64 inch choke at a flowing tubing pressure of 1,260 psi. BS&W was 5% with a gas/oil ratio of approximately 588 standard cubic feet per barrel.

The Operator plans to return to the UMU-10 well after drilling the UMU-11 well to carry out the remaining testing operations on sands XXb and XIX in the long string. Using a coiled tubing unit, the multirate flow testing will then be performed on all sands completed in the long string: XIX, XXb, and XXI.

Umusadege Field Development Activity Update

Field development is continuing with the UMU-11 well, to be drilled from the same surface location as UMU-9 and UMU-10. The rig has been skidded to the last drill slot on the existing drill pad and the rig is being set up and upgraded to prepare for the UMU-11 well. The well is expected to spud during March 2013. The oil reservoirs expected to be completed in the UMU-11 well are the XIIb, XIIc, XVIa, and XVIb sands, which had a combined 79 feet of oil pay in UMU-10.

During 2013, horizontal wells are anticipated to be drilled to develop the shallow oil reservoirs in the main accumulation. Sourcing of a second rig has begun, which, if successful, will perform the horizontal drilling activities. Once a second rig has been leased and mobilized, horizontal drilling is anticipated to begin with the horizontal sidetrack wells from the existing UMU-3 and UMU-4 vertical wellbores.

The new Central Production Facility is expected to be commissioned during March 2013. This facility has been designed to handle the full field capacity anticipated from the existing reserves, as well as the potential for prospective resources in the field.

March 2013 Production Update

Umusadege field production has been down the first 11 days of March 2013 due to maintenance being performed on the export pipeline by the pipeline operator. The pipeline operator has advised that the pipeline will be operational at the beginning of next week.

Umugini Pipeline and Shell Export Pipeline

Mart and its co-venturers are proceeding with plans to provide a second independent export pipeline for Umusadege field production. The construction contract for the Umugini pipeline has been awarded, and more than 90% of the pipe has arrived by truck to the Umusadege site. It is anticipated that ditching operations will commence shortly. The pipeline contractor will begin working from two locations: one near the Umusadege field and one near the midpoint between Umusadege and the Shell Export station. The Umugini pipeline will connect the Umusadege field to the Shell Export pipeline. The Shell export pipeline will deliver Umusadege crude to the Shell Forcados terminal. Negotiations regarding the crude handling agreement with the export pipeline and terminal operators are nearing completion.

Wade Cherwayko, Chairman & CEO of Mart Resources stated: "Mart and its partners are very pleased with the initial clean up and flow test results from the first three zones of the UMU-10 well. We look forward to receiving results from the remaining flow tests, and are making preparations to begin drilling UMU-11."

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.

INVESTOR RELATIONS:

Investors are also welcome to contact the following investor relations specialists for all corporate updates and investor inquiries:

FronTier Consulting Ltd.

Mart toll free # 1-888-875-7485

Email: [e-mail]

..."

[praesens]

http://www.marketwire.com/press-release/mart-announces-005-p…

"Mart Resources, Inc.

TSX VENTURE : MMT



March 12, 2013 08:30 ET
Mart Announces $0.05 Per Common Share Dividend

CALGARY, ALBERTA--(Marketwire - March 12, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce the declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on April 9, 2013 to shareholders of record at the close of business on March 22, 2013. The ex-dividend date is March 20, 2013.

Pursuant to the Company's dividend policy, the declaration of regular quarterly dividends is determined quarterly based upon Mart's cash flows, liquidity, capital expenditure budgets, earnings, financial condition and other factors as the Board of Directors may consider appropriate from time to time.

..."

[goldeule]

Na dann schreib ich auch mal was:


Die Perspektiven von Mart sind super, die Dividende liegt bei 11% und könnte nächstes Jahr, wenn alles glatt läuft, deutlich steigen.

Jetzt geb es eine längere Blockade der AGIP-Pipeline wegen Wartung, das ist natürlich ungünstig. Kein Cashflow, Dividende wird ausgezahlt und fliesst ab, die Pipeline muss gebaut werden - Es drohte Cashknappheit! Zumindest temporär, das hätte aber den Pipelinebau verzögert u.s.w. - Daher auch die mässige Kursentwicklung in letzter Zeit.

Jetzt gibt es die Möglichkeit, die temporäre Lücken mit einem Kredit zu überbrücken. Möglicherweise ist das auch eine Forderung von Shell, denn die brauchen zuverlässige Vertragspartner.

Fazit:

Ausnahmsweise sehe ich diesen Kredit positiv!


Mart Resources, Inc.: Arrangement of US $100 Million Secured Term Loan Facility and Umusadege Operational Update
- Mart has arranged a US $100 million secured term loan facility with Guaranty Trust Bank PLC to be available to fund field development activities on the Umusadege field and Mart's ongoing working capital requirements. - Umusadege field production continues to be shut down due to maintenance being performed on the export pipeline by the pipeline operator. The pipeline operator has advised that the maintenance operations are nearing completion, but no exact date can be given as to when production can re-commence.

CALGARY, ALBERTA, Mar 26, 2013 (MARKETWIRE via COMTEX) -- Mart Resources, Inc. CA:MMT +7.19% ("Mart" or the "Company") is pleased to announce the arrangement of a new loan facility, and with its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited provide the following update on Umusadege field operations.

Arrangement of US $100 million Secured Term Loan Facility

Mart, through its wholly-owned Nigerian subsidiary, has arranged a US $100 million secured term loan facility with Guaranty Trust Bank PLC with the intent to finance capital expenditures required for further field development activities and Mart's ongoing working capital requirements.

The secured loan facility has a term of five years and bears interest at 90 days LIBOR plus 4% (floor of 8.25%).

Wade Cherwayko, Chairman & CEO of Mart Resources stated: "Mart is very pleased to have made this arrangement with Guaranty Trust Bank PLC and anticipates that the additional flexibility the facility can provide will enable Mart to move ahead quickly with development and potential growth plans."

March 2013 Production Update

Umusadege field production continues to be shut down due to maintenance being performed on the export pipeline by the pipeline operator. The pipeline operator has advised that the maintenance operations are nearing completion, but no exact date can be given as to when repairs will be completed and production can re-commence. Mart will provide an update regarding this situation as it progresses.

Common share dividend

Following previous announcement, Mart is pleased to confirm that a quarterly dividend of $0.05 per common share will be paid on April 9, 2013 to shareholders of record at the close of business on March 22, 2013. The ex-dividend date was March 20, 2013.


Die Goldeule

[Sanoko]

Bin mit den Pipelineproblemen seit 2 Wochen erst mal raus und warte ab. Dass Dividenden vielleicht nicht aus dem CashFlow bezahlt werden können, wird weiter belasten. Shorties erledigen den Rest, hoffentlich demnächst wieder weiter unten rein.

[Boersenkrieger]

Ach, es gibt ja einen Thread inzwischen zu mart..
hatte auch mal nachgekauft. aber zu früh bei 1,90 CAD.

bin eigentlich immernoch positiv gestimmt. was mich aber richtig schockiert hat ist:
(ich denke auch vor allem das hat den kurs zusätzlich runtergezogen bei mart)

...ich seh die aktie immer noch chancenreich aber auch als hochspekulativ.
...was bringt es den dieben 40% abzustauben (bei ENI) bis die produktion gestoppt wird. mit 5-10% kann mart dagegen sehr gut leben... und für die gut organsierten diebe wär das auch ein konstantes "einkommen"

Nigeria: Eni and Shell Halt Production Over Rampant Oil Theft
March 28, 2013


Eni [NYSE: E] and Royal Dutch Shell [NYSE: RDS] announced last weekend that they plan to suspend operations in parts of Nigeria due to persistent oil thefts . . . on March 22, Shell declared “force majeure” on oil exports – a legal term to remove liability due to exceptional catastrophes -- and announced plans to temporarily shutdown its 150,000 barrel per day pipeline next month in order to “give the company time to clear away illegal connections that have drained an estimated 60,000 barrels of oil a day from the line” . . . the next day, Eni announced it would also halt its activity in parts of the country due to the oil thefts . . . Nigeria’s finance ministry claimed oil theft had reached 400,000 barrels of oil per day last year . . . Nigeria’s out-of-control oil theft is proving to be a major problem for its oil sector and raises concerns over the reliability of the country to protect its pipelines . . . the temporary suspensions could act as a wake up call for the Nigeria to step up security, as the government is heavily dependent upon revenue from the oil industry . . . however, efforts to date to stop the theft had met little success.
"


...das gabs immer schon in nigeria.. aber derzeit hat es seinen höhepunkt erreicht leider.

[Boersenkrieger]

@goldeule und praesens

danke für die postings nr. 18 und 19
mittlerweile leider etwas kritischer hier

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.382.203 von Boersenkrieger am 08.04.13 01:25:51

achso, link:
http://www.lignet.com/InBriefs/Eni-and-Shell-Halt-Nigerian-P…

[goldeule]

Die neue Pipeline wird unterirdisch verlegt, mit Betondeckel obendrauf. Ich glaube nicht, dass in Zukunft das ein grosses Thema ist für Mart.

Sicherlich ist Diebstahl auch so nicht ausgeschlossen, aber man kann annehmen, dass die leichten Ziele zuerst drankommen...

Die Goldeule

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.384.677 von goldeule am 08.04.13 13:17:25

denke ich auch... weiss nur nicht ob es trotzdem irgendwelche schwachstellen gibt aber ich glaub ich hab eine phobie
bin weiter long hier und eher zukufer als verkäufer (auch wenn ich die tage einige verschiedene goldaktien eingekauft hab... irgendwie bin ich recht bullish derzeit)

[Boersenkrieger]

...und nun gehts weiter...

Umusadege production resumes

Production from the Umusadege field resumed on April 17, 2013, following notice given by Nigerian Agip Oil Co., the pipeline operator, that maintenance and repairs to the export pipeline have been completed. Production and deliveries into the export pipeline from the Umusadege field are expected to be increased to normal levels over the next several days.

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-m…

Mart Resources, Inc.

TSX VENTURE : MMT



April 15, 2013 09:34 ET
Mart Resources, Inc.: March 2013 Production Update

- Umusadege field production and deliveries into the export pipeline were shut down during all of March 2013.

- 320,000 barrels of oil were nominated on behalf of the Umusadege field in March 2013 with payment to be received in mid-April.

CALGARY, ALBERTA--(Marketwired - April 15, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following update on Umusadege field production for March 2013.

March 2013 Production Update

Due to an ongoing shutdown of the export pipeline that started on February 24, 2013, there was no production from the Umusadege field in March 2013 due mainly to maintenance and repairs on the export pipeline performed by the pipeline operator. During March 2013 there was a shipment of crude oil of 320,000 barrels of oil ("bbls") on behalf of the Umusadege field based on oil nominated for delivery. The Umusadege field's nominated and shipped oil volume was higher than the volume of oil delivered, which leads to an "over lift" position. Mart and its co-venturers therefore owe oil to Nigerian Agip Oil Company ("AGIP") for the amount of oil over lifted. Mart and its co-venturers expect to receive payment in mid-April 2013 for the over lift of 320,000 bbls shipped in March 2013 and expect to repay the over lift volume out of production subsequent to the reopening of the export pipeline.

AGIP, the pipeline operator, has advised that repairs to the export pipeline are progressing, but that the pipeline has not yet returned to normal operations. Mart will continue to monitor the situation and provide updates regarding Umusadege field operations and the status of pipeline operations as information is received from AGIP.

Pipeline and export facility losses for February 2013 as reported by AGIP were 42,270 bbls or approximately 25.5% of total crude deliveries, based on the net volume of 166,000 bbls reported as received by AGIP in February 2013.

Mart Presenting at Oil Council Asia Assembly in Hong Kong

Wade Cherwayko, Chairman and CEO of Mart, will be a presenter at the Oil Council Asia Assembly in Hong Kong on April 24-25, 2013. A link containing the location and details of the conference will be available on Mart's website under News & Presentations / Corporate Presentations - www.martresources.com.

..."

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-p…

"Mart Resources, Inc.

TSX VENTURE : MMT



April 18, 2013 09:28 ET
Mart Resources, Inc.: Pipeline Maintenance and Repairs Completed and Production from Umusadege Field Resumes

- Umusadege field production and deliveries into the export pipeline resumed on April 17, 2013.

- Maintenance and repairs on the export pipeline completed by the pipeline operator and pipeline operator returning to normal operations.

CALGARY, ALBERTA--(Marketwired - April 18, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following update on Umusadege field production operations.

Umusadege Production Resumes

Production from the Umusadege field resumed on April 17, 2013 following notice given by Nigerian Agip Oil Company, the pipeline operator, that maintenance and repairs to the export pipeline have been completed. Production and deliveries into the export pipeline from the Umusadege field are expected to be increased to normal levels over the next several days.

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.

Note: Except where expressly stated otherwise, all production figures set out in this press release, including barrels of oil per day ("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).

..."

[praesens]

Q1 results auf sedar.com

[praesens]

Die news von Mart dazu:

http://www.marketwire.com/press-release/mart-announces-finan…

"Mart Resources, Inc.

TSX VENTURE : MMT



May 23, 2013 08:30 ET
Mart Announces Financial and Operating Results For the Three Months Ended March 31, 2013

CALGARY, ALBERTA--(Marketwired - May 23, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce its financial and operating results (all amounts in United States dollars unless noted) for the three months ended March 31, 2013 ("Q113"):

THREE MONTHS ENDED MARCH 31, 2013

Mart's share of average daily oil produced and sold for Q113 from the Umusadege field was 2,571 barrels of oil per day ("bopd") compared to 6,936 bopd for the three months ended March 31, 2012 ("Q112"). There was a prolonged shutdown that started on February 24, 2013 and ended subsequent to the end of Q113, on April 17, 2013 as a result of repairs and maintenance of the export pipeline. During Q113, the Umusadege field was shut down for a total of 46 days (Q112: 18 days) due to various disruptions, repairs and maintenance of the export pipeline.

On March 12, 2013 Mart declared a quarterly dividend of CAD $0.05 per common share. The quarterly dividend was paid on April 9, 2013 for an aggregate amount of $17.5 million.

Net income for Q113 was $1.9 million ($0.005 per share) compared to net income of $37.9 million ($0.113 per share) for Q112. The lower net income during the period was due to the export pipeline shutdowns caused by repairs and maintenance that resulted in decreased revenue during the period.

Funds flow from production operations was $13.1 million ($0.037 per share) for Q113 compared to $55.0 million ($0.163 per share) for Q112 (see Note 1 to the Financial and Operating Results table below regarding Non-IFRS measures).

Mart's share of Umusadege field oil produced and sold in Q113 was 231,384 barrels of oil ("bbls") compared to 631,202 bbls for Q112.

The average price received by Mart for oil in Q113 was $110.01 per barrel of oil ("bbl") compared to $115.61 per bbl for Q112.

Mart's share of pipeline and export facility losses for Q113 totaled 51,152 bbls, or approximately 17.6% of crude deliveries from the Umusadege field for the period.

FINANCIAL AND OPERATING RESULTS

The following table provides a summary of Mart's selected financial and operating results for the three months ended March 31, 2013 and 2012 and the twelve months ended December 31, 2012:
USD $ 000's
(except oil produced and sold, share, per share amounts, and oil prices) 3 months ended 3 months ended 12 months ended
Mar 31, 2013 Mar 31, 2012 Dec 31, 2012
Mart's share of the Umusadege Field:
Barrels of oil produced and sold 231,384 631,202 1,844,389
Average sales price per barrel $110.01 $115.61 $103.43
Mart's percentage share of total Umusadege oil produced and sold during the period

54.0%

82.5%

66.7%
Mart's share of petroleum sales after royalties, content development levy and community development costs


19,822


61,884


161,390
Funds flow from production operations (1)
13,139
54,960
137,743
Per share - basic $0.037 $0.163 $0.398

Net income 1,909 37,907 58,046
Per share - basic $0.005 $0.113 $0.168
Per share - diluted $0.005 $0.109 $0.163

Total assets 241,453 237,132 281,506
Total bank debt Nil Nil Nil

Weighted average shares outstanding for periods ended:
Basic 356,296,165 336,752,599 345,715,889
Diluted 359,825,372 348,471,587 355,617,583


Note:

Indicates non-IFRS measures. Non-IFRS measures are informative measures commonly used in the oil and gas industry. Such measures do not conform to IFRS and may not be comparable to those reported by other companies nor should they be viewed as an alternative to other measures of financial performance calculated in accordance with IFRS. For the purposes of this table, the Company defines "Funds flow from production operations" as net petroleum sales less royalties, content development levy, community development costs and production costs. Funds flow from production operations is intended to give a comparative indication of the Company's net petroleum sales less production costs as shown in the following table:

USD $ 000's 3 months ended
Mar 31, 2013 3 months ended
Mar 31, 2012 12 months
ended
Dec 31, 2012
Petroleum sales 25,455 72,974 190,761
Less: Royalties, content development levy and community development costs
5,633
11,090
29,371
Net petroleum sales 19,822 61,884 161,390
Less: Production costs 6,683 6,924 23,647
Funds flow from production operations 13,139 54,960 137,743

OUTLOOK AND OPERATIONS UPDATE:

Dividend

On March 12, 2013, Mart declared a quarterly cash dividend of CDN $0.05 per common share that was paid to shareholders on April 9, 2013 for an aggregate amount of CDN $17.8 million.

UMU-10 Well

The Company announced on November 5, 2012 that the UMU-10 well encountered 479 feet of gross hydrocarbon pay in 20 sands. The results of the well tests conducted have been previously press released.

The operator of the Umusadege field plans to return to the UMU-10 well after drilling the UMU-11 well (discussed below) to carry out the remaining testing operations on sands XXb and XIX in the long string as a coiled tubing unit is required. Multirate flow testing will then be performed on all sands completed in the long string: XIX, XXb, and XXI.

Umusadege Field Development Activity Update

It is anticipated that drilling activities on the Umusadege field will include at least one additional vertical development well, one horizontal development well and one exploration well.

Umusadege field development is continuing with the UMU-11 well, to be drilled from the same surface location as UMU-9 and UMU-10. The rig has been skidded to the last drill slot on the existing drill pad and the rig is being set up and upgraded to prepare for the UMU-11 well. The well is expected to spud in the second quarter of 2013. The oil reservoirs expected to be completed in the UMU-11 well are the XIIb, XIIc, XVIa, and XVIb sands, which had a combined 79 feet of oil pay in UMU-10.

The horizontal well is planned to be the sidetrack well from the existing UMU-3 vertical wellbore. It will develop the shallow oil reservoirs in the main accumulation using a second rig.

The exploration drilling is planned for the East prospect within the Umusadege farmout area.

The new Central Production Facility is expected to be commissioned during the second quarter of 2013. This facility has been designed to handle the full field capacity anticipated from the existing reserves, as well as the potential for production from prospective resources in the Umusadege farmout area.

Umugini Pipeline and Trans Forcados Export Pipeline

Mart and its co-venturers are currently constructing a second independent export pipeline (known as the Umugini Pipeline) for Umusadege field production. The pipeline contractor is currently working from two locations: one near the Umusadege field and one near the midpoint between Umusadege and the Trans Forcados export pipeline station. The Umugini pipeline will connect the Umusadege field to the Trans Forcados export pipeline. The Trans Forcados export pipeline will deliver Umusadege crude to the Forcados export terminal. Negotiations regarding the crude handling agreement with the export pipeline owners and terminal operators are continuing.

Production Update

Production from the Umusadege field that was shut down on February 24, 2013 resumed on April 17, 2013 following notice given by Nigerian Agip Oil Company, the pipeline operator, that maintenance and repairs to the export pipeline have been completed.

Umusadege field production during April 2013 averaged 4,148 bopd. Umusadege field downtime during April 2013 totaled 18.5 days. The average field production based on producing days was 10,864 bopd in April 2013.

Total crude oil deliveries into the export pipeline from the Umusadege field for April 2013 were approximately 150,500 bbls before pipeline losses, of which 124,500 bbls were from new production from the Umusadege field with the additional amount being deliveries from storage tanks injected into the export pipeline when pipeline operations resumed.

Loan facility

On March 26, 2013, Mart, through its wholly-owned Nigerian subsidiary, Mart Umusadege Resources Nigeria Limited, arranged a $100 million secured term loan facility with Guaranty Trust Bank PLC. The finalization of the facility is subject to completion of a facility agreement and customary security documents. The facility is comprised of a $75 million, 5-year term loan facility and a $25 million, 1-year revolving loan facility. The facilities are intended to finance capital expenditures required for further Umusadege field development activities and the Umugini Pipeline and Mart's ongoing working capital requirements. Interest is based on 90 day LIBOR, plus 4 percent (floor of 8.25 percent) and is secured by all assets of Mart Umusadege Resources Nigeria Limited.

ANNUAL GENERAL AND SPECIAL MEETING OF MART SHAREHOLDERS

Mart is pleased to announce that its Annual General and Special Meeting of Shareholders will be held at 3:00pm on Thursday, June 27, 2013 at the Calgary Petroleum Club. The Meeting will be webcast for shareholders and others unable to attend the Meeting in person. Full details of the Meeting and webcast will be provided prior to the Meeting date.

CHAIRMAN'S COMMENT:

Wade Cherwayko, Chairman & CEO of Mart said, "In the first quarter of 2013 Mart experienced production shutdowns that were far above normal due to maintenance and repairs to the export pipeline performed by the pipeline operator. This resulted in much lower production and revenue in Q113 compared to Q112 and Mart's revenue for Q113 was $19.8 million with a net income after taxes of $1.9 million. The export pipeline resumed normal operations on April 17, 2013, and production and injection into the export pipeline has been at levels at or nearing the maximum allocation. The Company declared a quarterly cash dividend of CAD $0.05 per common share that was paid to shareholders on April 9, 2013 for an aggregate amount of CAD $17.8 million. The Umusadege field's production capacity remains strong, and despite significant interruptions to production in Q113 the potential of the field continues to be very positive. The Company continues to work towards maximizing production and increasing reserves. The construction of the additional export pipeline will also enable the Umusadege co-venturers to fully exploit the potential of the Umusadege field. The drilling program scheduled for 2013 includes the UMU-11 well, expected to begin drilling operations in Q213, and additional development drilling activities are planned for the remainder of 2013."

Mart will hold a conference call to discuss the operational and financial results for the quarter ended March 31, 2013. The conference call is scheduled for May 24, 2013 at 8:30 AM Mountain Daylight Time (10:30 Eastern Daylight Time). Wade Cherwayko, Chairman & CEO of Mart, and Dmitri Tsvetkov, Chief Financial Officer of Mart, will host the call and be available during the question-and-answer session. To access the conference call, please dial 1- 800-769-8320 or 416-695-6616. An instant replay of the call will be available until June 1, 2013 by dialing 1-800-408-3053 or 905-694-9451 and entering pass code 6207792.

Mart Presenting at Oil Council Africa Assembly in Paris, Earth's Resources Forum 2013 in Hong Kong and Oil & Gas Finance Forum 2013 in New York

Wade Cherwayko, Chairman and CEO of Mart, will be a presenter at the Oil Council Africa Assembly in Paris on June 11-12, 2013 and Earth's Resources Forum 2013 in Hong Kong on June 19-20, 2013. Dmitri Tsvetkov, CFO of Mart, will be a presenter at the Oil & Gas Finance Forum 2013 in New York on June 12-13, 2013. Links containing the locations and details of the conferences will be available on Mart's website under News & Presentations / Corporate Presentations - www.martresources.com.

..."

[Boersenkrieger]

jo, begeisterung sieht anders aus... aber nach den ganzen ausfällen war auch nicht viel mehr zu erwarten...
bin mal gespannt ob sie das hinbekommen.
der eigentliche spass sollte ja erst kommen wenn die zweite pipe steht und fördert.

[praesens]

Von stockhouse:

"That was quite the in depth conference call including the Q&A.

The wording and comments below are mine.

jwall
n.b. This material was originally posted on another BB [presently under maintenance so please be patient]. See link below.
http://www.investorvillage.com/groups.asp?mb=17397&mn=14298&…

----- START-----
1] Because UMU is larger than anticipated and because of the now much larger production capability and facilities, the environmental assessment changed and is in for approval.
2] The pipeline is being installed. The agreement is seeing delays because of a third party. Shell is on board. Finalization is not impacting in field activity.
3] The route is somewhat fluid as, at times, existing infrastructure is seeing the pipeline being routed around it.
4] Loan is for field development & pipeline. What remains is a paperwork exercise. Have not drawn yet.
5] Wade says outlook is very good and there'll be a significant increase in reserves and production rate.
6] Existing expenditures will defer any tax situation for quite some time. [Chen asked]
7] One five year period for Pioneer status tax holiday. [Chen asked]
8] Marginal field for UMU's producing life. [Chen asked]
9] Line loss is a big issue and is being worked on by all operators, partners and government.
10] Recent downtime [past Qtr] was mostly to repair the very old line, some maintenance and some bunkering.
11] SALMAN asked about Startup & Capacity of line. Wade said September, but to remember that this is Nigeria so schedules are fluid depending on developments [or not]. Capacity is some 40-45k/d. MMT has present shutin capability and can produce into AGIP line some 12-13k bpd.
12] Cormark asked about losses for new line: Wade says to expect in the 8-9% area based on past numbers for that terminal.
13] Tony asked about 2nd rig. Wade says out to tender expect to evaluate 2-3 weeks from now.
14] Tony asked about the new marginal field bidding and Wade said that MMT has decided on what to bid and who their partners are including their existing partner.
15] Tony asked about the dividend. Wade said there will be a news release in [early] June.
16] Rick asked about any outages since AGIP line startup in April. Wade said that there had been a few days for routine maintenance.
17] Rick asked about catchup for the overlift position. The CFO answered that this is dynamic. MMT keeps nominating and delivers as much a sit can. The deliveries go to cover the overlift first and then towards the nominations. The overlift is expected to be cleared this summer.

In closing, Wade said that updates will be issued regularly when material information is available."

[anski100]

Hallo an Alle,

ich hab mal eine Frage bezüglich Dividendenauszahlung.

Ist es besser wenn ich Aktien in Kanada kaufe oder doch lieber Deutschland.

Oder anders gefragt, hat hier jemand Aktien in Deutschland gekauft und schon einmal Dividende bekommen. Wenn ja wie viel ist von den 0,05CAD über geblieben und wurde es in Euro ausgezahlt?

Danke an alle...

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.765.773 von anski100 am 01.06.13 18:01:02

ich hab bisher nur 2.550 stück marts (in kanada gekauft)
die pipelineverluste aufgrund der öldiebe machen doch mehr zu schaffen als ich dachte leider..
wobei die zweite pipe dann ja weitgehend zuzuementiert sein soll..

klar wirds in euro ausbezahlt:
10.4. letzte divi-gutschrift +61,20 €

[anski100]

Versteh ich das richtig, du hast 2550 Aktien in Kanada gekauft und diese werden in Euro in deinem Depot gelistet?!?

Bei 2550 Aktien mal 0,05CAD macht 127,5CAD...am 10.4. lag der Wechselkurs bei ca. 1,326, also ca. 96€...bedeutet für mich, es werden nochmal 34,95€ Steuern abgezogen oder rund 36%...

Macht beim momentanen Kurs eine Dividendenrendite nach Steuern von ca. 9%...



Weiß auch einer wie es sich verhält wenn man die Aktien in Frankfurt gekauft hat, bekommt man dann genauso schnell seine Dividende?

Danke für die Info...

[anski100]

Antwort auf Beitrag Nr.: 44.765.935 von Boersenkrieger am 01.06.13 18:41:47

Hier noch eine Aufschlüsselung der Steuersätze.

Dividende je nach Wechselkurs bei etwa 96€

Voller Quellensteuersatz in Kanada 25%, also minus 24€

Zu zahlende Abgeltungssteuer in Deutschland ist 25%, da aber 15% Quellensteuer angerechnet werden(Doppelbesteuerungsabkommen), sind es 25% minus 15% macht 10% also 9,6€, davon werden jetzt noch 5,5% Solidaritätszuschlag genommen. Also 5,5% von 9,6€ macht ca. 0,53€.

Macht 96-24-9,6-0,53= 61,87€

Die Differenz kann jetzt am Wechselkurs liegen oder an der Kirchensteuer die vielleicht noch gezahlt werden muss.

[anski100]

Antwort auf Beitrag Nr.: 44.767.393 von anski100 am 02.06.13 09:23:47

Eins noch, bei dem Quellensteuersatz von Kanada werden ja nur 15% in Deutschland anerkannt, die anderen 10% bleiben sozusagen in Kanada. Allerdings kann man die restlichen 10%, da man ja als deutscher Staatsbürger nicht verpflichtet ist Steuern in Kanada zu zahlen, auch noch zurückholen.
Dies kostet allerdings je nach Bank zwischen 20 und 80 Euro und würde sich bei Börsenkrieger seinen 9,6€ zu viel gezahlten Steuern nicht lohnen.

[patric77]

Der Kaufort ist egal, entscheidend ist der Sitz der Firma. Ander ISIN erkennt man ganz gut wo man Steuern zahlen muß, in diesem Fall CA für Kanada.

Gruß Patric

[Boersenkrieger]

Antwort auf Beitrag Nr.: 44.766.753 von anski100 am 01.06.13 23:07:09

Versteh ich das richtig, du hast 2550 Aktien in Kanada gekauft und diese werden in Euro in deinem Depot gelistet?!?


ja, alles wird in euro gelistet. der wechselkus ist dabei auch aktuell.
kann mal sein eine aktie fälltun in euro hat man mehr geld angezeigt, weil EUR/CAD gestiegen ist. auch die performance richtet sich nach kaufpreis in euro zu jetzigem kurs in euro.
der aktienkurs und seine tagesperformance wird aber in CAD angezeigt, weil man da gekauft hat nur hintendran kurswert in euro, kaufkurs in euro.

[anski100]

Hat hier auch schon jemand in Deutschland gekauft und Dividende bekommen bzw. ging es genauso schnell mit der Zahlung wie bei Börsenkrieger?!?!

Ein kauf in Kanada lohnt sich erst bei etwa 2500€, da die Gebühren in der USA deutlich höher sind als in Deutschland...zumindest bei meinen Brokern...

[anski100]

Antwort auf Beitrag Nr.: 44.769.537 von anski100 am 02.06.13 18:55:25

Sorry, ich meinte Kauf in den USA...ein Kauf in Kanada würde sich bei meinen Broker erst bei etwa 6500€ lohnen da 49,95 Ordergebühr in Kanada:-(

[Boersenkrieger]

kommt drauf an.... bei uns gibts halt einen spread von 3-4%.
bei kauf und verkauf macht das durchaus 5-8% aus.
bei 3.000 € sind das über 100 € und somit über der zusatzgebühr von etwa 50 cad.
da ist mir kanada lieber so hab ich in der depotliste auch immer den richtigen kurs. spart zeit.

[anski100]

Antwort auf Beitrag Nr.: 44.769.635 von Boersenkrieger am 02.06.13 19:26:48

Ja, muss man schauen für wie viel man kauft...ich hab mir mal eine Excel gemacht in der ich den Breakevenpoint herausfinde...

Werde mir mal paar ins Depot legen...

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-m…

"Mart Resources, Inc.

TSX VENTURE : MMT



June 11, 2013 08:30 ET
Mart Resources, Inc. May 2013 Production Update

CALGARY, ALBERTA--(Marketwired - June 11, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) -

Umusadege field production averaged 10,600 barrels of oil per day ("bopd") during May 2013 based on calendar days; average field production based on production days was 12,500 bopd during May 2013.

Umusadege field net deliveries into the export pipeline were approximately 327,700 barrels of oil ("bbls") in May 2013 before pipeline losses.

Mart Resources, Inc. ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited, are providing the following update on Umusadege field production for May 2013.

May 2013 Production Update

Umusadege field production during May 2013 averaged 10,600 bopd. Umusadege field downtime during May 2013 was less than 5 days due mainly to maintenance and repairs on the export pipeline performed by the pipeline operator. The average field production based on producing days was 12,500 bopd in May 2013.

Total crude oil deliveries into the export pipeline from the Umusadege field for May 2013 were approximately 327,700 bbls before pipeline losses. Pipeline and export facility losses for April 2013 were 21,523 bbls, or 14.3% of total crude oil deliveries into the export pipeline. May 2013 pipeline and export facility losses have not yet been reported by the pipeline operator.

..."

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-u…

"Mart Resources, Inc.

TSX VENTURE : MMT



June 20, 2013 08:50 ET
Mart Resources, Inc.: Umugini Pipeline Construction Status Update

- Clearing of the right of way for the Umugini pipeline, stringing, welding and field joint coating of the pipeline has been completed on approximately 17 kilometers of the 51 kilometer pipeline.

CALGARY, ALBERTA--(Marketwired - June 20, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following update on the Umugini pipeline project.

Umugini Pipeline and Trans Forcados Export Pipeline

Construction of the Umugini pipeline is progressing from the location near the Umusadege field. Clearing of the right of way, stringing, welding and field joint coating of the pipeline has been completed on approximately 17 kilometers of the 51 kilometer pipeline. The pipeline has two segments. The first segment is from the Umusadege field south to the Ogini flow station on OML 26. This section is 22 kilometers in length and is where the 17 kilometers of pipeline construction has been completed. The second segment is from the Ogini flow station east to the Eriemu flow station. This section of the pipeline is being constructed along an existing right of way and will be twinning the existing pipeline currently operating between the Ogini flow station and the Eriemu flow station. Construction of the Umugini pipeline by Mart and its co-venturers is proceeding in accordance with plans to provide a second independent export pipeline for Umusadege field production. The pipeline contractor will soon begin working from a second location near the midpoint between Umusadege and the Trans Forcados export pipeline. The Umugini pipeline's gross transportation capacity will be approximately 45,000 barrels per day and it will connect the Umusadege field to the Trans Forcados export pipeline. The Trans Forcados export pipeline will deliver crude oil from Umusadege field to the Forcados export terminal operated by Shell. Negotiations regarding the crude handling agreement with the export pipeline and terminal operators are nearing completion.

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.

..."

[moneyrose]

News nächste Dividende am 18. Juli 0,05 US

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-c…

"Mart Resources, Inc.

TSX VENTURE : MMT

June 25, 2013 08:30 ET
Mart Resources, Inc. Confirms Date and Time of 2013 Annual General and Special Meeting

CALGARY, ALBERTA--(Marketwired - June 25, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") wishes to confirm the details for the Company's Annual General and Special meeting.

Mart's Annual General and Special Meeting of shareholders ("AGM") will be held on Thursday, June 27, 2013 at 3:00 PM (MST) at the Calgary Petroleum Club, McMurray Room, 319 - 5th Avenue S.W., Calgary, Alberta as originally scheduled and announced. While the flooding in Calgary and nearby areas has had a disruptive and sometimes devastating effect on the area's residents and infrastructure, through the efforts and perseverance of all parties involved, Mart is pleased to be able to proceed with the AGM.

Mart's AGM will be webcast from Calgary, Alberta, Canada at 3:00 PM (MST) on June 27, 2013 for shareholders and others who are unable to attend the meeting. To listen to the AGM and view the meeting presentation materials, please visit the Company's website at www.martresources.com and connect using the link under Annual General Meeting on the Home Page or connect and register directly using the following link: http://webcasts.welcome2theshow.com/MartResources2013. The webcast will also be available on the Company's website for a period of time following the AGM.

The Mart AGM will also be broadcast by teleconference, and to access please dial 403-451-9838 or 647-427-7450 (local) or 1-888-231-8191 (North American Toll Free) and accessing Conference ID 95407044.

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.

..."

[praesens]

http://www.marketwire.com/press-release/mart-announces-005-p…

"Mart Resources, Inc.

TSX VENTURE : MMT

June 26, 2013 09:56 ET
Mart Announces $0.05 Per Common Share Dividend and Finalization of US$100 Million Secured Term Loan Facility

- Mart announces declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on July 18, 2013 to shareholders of record at the close of business on July 10, 2013. The ex-dividend date is July 16, 2013.

- Mart has satisfied drawdown conditions in respect of a US$100 million secured term loan facility with Guaranty Trust Bank PLC to fund development activities on the Umusadege field, construction of the Umugini pipeline and provide working capital as required.

CALGARY, ALBERTA--(Marketwired - June 26, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to make the following announcements.

Declaration of $0.05 per Common Share Dividend

Mart announces the declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on July 18, 2013 to shareholders of record at the close of business on July 10, 2013. The ex-dividend date is July 16, 2013.

Pursuant to the Company's dividend policy, the declaration of quarterly dividends is determined quarterly based upon Mart's cash flows, liquidity, capital expenditure budgets, earnings, financial condition and other factors as the Board of Directors may consider appropriate from time to time.

Satisfaction of Drawdown Conditions for US$100 million Secured Term Loan Facility

Mart, through its wholly-owned Nigerian subsidiary, has satisfied all conditions relating to the initial drawdown of funds under its previously announced US$100 million secured term loan facility with Guaranty Trust Bank PLC. An initial drawdown of US$25 million will be used to fund Umusadege field development activities, Mart's share of costs for the construction of the Umugini pipeline and for general working capital requirements.

The secured term loan facility is comprised of a US$75 million, 5-year term loan facility and a US$25 million, 1-year revolving loan facility and has a term of five years and bears interest at 90 days LIBOR plus 4% (floor of 8.25%).

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.

..."

[praesens]

http://www.marketwire.com/press-release/mart-updates-expecte…

"Mart Resources, Inc.

TSX VENTURE : MMT

June 27, 2013 08:30 ET
Mart Updates Expected Spud Date of UMU-11 Well; Correction of Previously Announced Dividend Ex-Dividend Date

- The UMU-11 well is expected to spud in July 2013 once additional drill slot preparations on the existing pad are completed.

- The main objectives for UMU-11 include the further appraisal and development of proven oil reservoirs encountered, but not completed, in the UMU-9 and UMU-10 wells.

CALGARY, ALBERTA--(Marketwired - June 27, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide an update on Umusadege drilling operations.

UMU-11 Well Update

The UMU-11 well was originally planned to spud in the third slot of the UMU-9 drilling pad. When trying to clean out the 20-inch conductor that was previously pile driven to a depth of approximately 300 feet, the UMU-11 well encountered an obstruction at a depth of approximately 275 feet. Retrieval and milling operations were attempted to utilize this drill slot, but were unsuccessful. It is believed that the 20-inch conductor is bent or kinked, which caused an obstruction. The rig will now be skidded forward to a new slot utilizing the existing drilling pad.

The main objectives for the UMU-11 well are proven oil reservoirs encountered, but not completed, in the UMU-9 and UMU-10 wells. These sands were previously logged and sampled. The UMU-11 well's objective is to test four of these oil-bearing sands, and if successful, complete these sands for production.

Correction of Previously Announced Ex-Dividend Date

Mart also announces a correction to the dates associated with the June 26, 2013 declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on July 18, 2013 to shareholders of record at the close of business on July 10, 2013, and the correct ex-dividend date is July 8, 2013.

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.

..."

[moneyrose]

Mart provides update on Umusadege field production for July 2013

http://www.scandoil.com/moxie-bm2/news/mart-provides-update-…

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-o…

Mart Resources, Inc.

TSX VENTURE : MMT



August 12, 2013 08:30 ET
Mart Resources, Inc.: Operations and Production Update

- Umusadege field production averaged 10,800 barrels of oil per day ("bopd") during July 2013 based on calendar days; average field production based on production days was 13,200 bopd during July 2013, which is the highest average daily production rate for a calendar month based on production days realized from the Umusadege field.

- Umusadege field net deliveries into the export pipeline were approximately 347,100 barrels of oil ("bbls") in July 2013 before pipeline losses.

- Conductor pipe for UMU-11 well has been driven to a final depth of 330 feet and preparation to spud the well is currently underway.

- Umugini pipeline construction has been delayed due to ongoing heavy rains in the area, and completion of construction is now expected to be in the first quarter of 2014.

CALGARY, ALBERTA--(Marketwired - Aug. 12, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for July 2013, the UMU-11 well, status of a second drilling rig, and Umugini pipeline construction.

July 2013 Production Update

Umusadege field production during July 2013 averaged 10,800 bopd. Umusadege field downtime during July 2013 was approximately 4.5 days due to sporadic shutdowns required for commissioning and testing of the new central processing facility and operations connected to preparation for drilling of the UMU-11 well. The average field production based on producing days was 13,200 bopd in July 2013, which is the highest average daily production rate for a calendar month based on production days realized from the Umusadege field.

Total net crude oil deliveries into the export pipeline from the Umusadege field for July 2013 were approximately 347,100 bbls before pipeline losses. Pipeline and export facility losses for May 2013, June 2013 and for July 2013 have not yet been reported by the export pipeline operator, Nigerian Agip Oil Company ("Agip"). In the past, Agip has reported pipeline and export facility losses one month after the final reporting of each month's injection totals, but for the past two months the pipeline losses have not been reported. Mart and its co-venturers have requested the loss information from Agip and will release this information as soon as it is received.

As a result of negotiations with Agip, the Umusadege field has been allocated an additional pipeline reserved production capacity of 4,500 bopd. An increase in oil shipments from the Umusadege field will be achieved after more powerful pumps are obtained and installed by Agip.

UMU-11 Well Update

The drilling rig was skidded ahead, and new 20-inch conductor pipe has been pile driven to a final depth of 330 feet. The conductor pipe will be cleaned out and secured, and drilling operations are expected to commence shortly thereafter.

After completion of the UMU-11 well, an exploration/appraisal well is planned to be drilled on the East exploration structure.

Second Drilling Rig

A tender for a second drilling rig was successfully completed, and after site preparation the second drilling rig is expected to start drilling a water disposal well in September 2013. After completion of the water disposal well, the drilling rig will move to the UMU-4 location to drill a re-entry horizontal development well. Mart and its co-venturers plan to drill several additional horizontal wells in the Umusadege field.

Umugini Pipeline Construction Update

As previously reported, construction of the Umugini pipeline has been completed from the location near the Umusadege field to a point approximately 17 kilometers into the 51-kilometer pipeline. Construction operations are being delayed due to weather conditions and heavy rains in the area that required the construction contractor to shut down. It is now expected that pipeline construction will be completed in the first quarter of 2014. As previously announced, the pipeline has two segments. The first segment is from the Umusadege field south to the Ogini flow station on OML 26. This section is 23 kilometers in length and is where the 17 kilometers of pipeline construction has been completed. The second segment is from the Ogini flow station west to the Eriemu flow station. This section of the pipeline will be constructed along an existing right of way and will be twinning the existing pipeline currently operating between the Ogini flow station and the Eriemu flow station. The Umugini pipeline will provide a second independent export pipeline for Umusadege field production. The Umugini pipeline's gross transportation capacity will be approximately 45,000 barrels per day and it will connect the Umusadege field to the Trans Forcados export pipeline. The Trans Forcados export pipeline will deliver crude oil from Umusadege field to the Forcados export terminal operated by Shell. Negotiations regarding the crude handling agreement with the export pipeline and terminal operators are nearing completion.

Mart and its co-venturers continue to evaluate other opportunities in Nigeria including divestments being made by major oil companies and other marginal fields.

..."

[praesens]

http://www.marketwire.com/press-release/mart-resources-inc-s…

"Mart Resources, Inc.

TSX VENTURE : MMT



August 15, 2013 08:46 ET
Mart Resources, Inc.: Spudding of UMU-11 Well

- The UMU-11 well commenced drilling operations on August 14, 2013 and is currently at a depth of 1,100 feet.

- The main objectives for UMU-11 are to appraise and produce proven oil reservoirs encountered, but not completed, in the UMU-9 and UMU-10 wells.

CALGARY, ALBERTA--(Marketwired - Aug. 15, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide an update on Umusadege drilling operations.

The UMU-11 well commenced drilling operations on August 14, 2013 and is currently at a depth of 1,100 feet in the 16-inch upper hole section. The 16-inch upper hole section will be drilled to a depth of approximately 5,000 feet. The next activity will include running and cementing 13 3/8 inch casing in the upper hole section. Drilling will then continue with a 12 1/4 inch section to a total measured depth of approximately 8,700 feet, followed by running 9 5/8 inch casing.

The main objectives for the UMU-11 well are to appraise and produce proven oil reservoirs encountered but not completed in the UMU-9 and UMU-10 wells. These sands (XIIb, XIIc, XVIa, and XVIb) were previously logged and sampled. The UMU-11 objective is to test four of these oil-bearing sands, and if successful, complete these sands for production.

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.

..."

[praesens]

http://www.marketwire.com/press-release/mart-announces-finan…

"Mart Resources, Inc.

TSX VENTURE : MMT



August 15, 2013 17:05 ET
Mart Announces Financial and Operating Results for the Six Months Ended June 30, 2013

CALGARY, ALBERTA--(Marketwired - Aug. 15, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce its financial and operating results (all amounts in United States dollars unless noted) for the three and six months ended June 30, 2013 ("Q2 2013"):

THREE MONTHS ENDED JUNE 30, 2013

Mart's share of average daily oil produced and sold for the three months ended 30 June 2013 ("Q2 2013") from the Umusadege field was 5,070 barrels of oil per day ("bopd") compared to 4,491 bopd for the three months ended June 30, 2012 ("Q2 2012").

On June 26, 2013 Mart declared a quarterly dividend of Canadian dollars ("CAD") $0.05 per common share. The quarterly dividend was paid on July 18, 2013 for an aggregate amount of $17.0 million (CAD $17.8 million).

Net income for Q2 2013 was $19.1 million ($0.054 per share) compared to net income of $2.4 million ($0.007 per share) for Q2 2012.

Funds flow from production operations was $31.7 million ($0.089 per share) for Q2 2013 compared to $21.4 million ($0.064 per share) for Q2 2012 (see Note 1 to the Financial and Operating Results table on page 3 hereof regarding Non-IFRS measures).

Mart's share of Umusadege field oil produced and sold in Q2 2013 was 461,329 barrels of oil ("bbls") compared to 408,638 bbls for Q2 2012.

The average price received by Mart for oil in Q2 2013 was $109.30 per barrel of oil ("bbl") compared to $103.05 per bbl for Q2 2012.

Mart's share of pipeline and export facility losses for Q2 2013 is estimated to be 85,750 bbls, or approximately 16% of crude deliveries from the Umusadege field for the period. The pipeline operator has not yet reported the losses for May and June 2013. Mart has estimated losses of 16% for the two months based upon average losses during preceding periods. During Q2 2013, the Umusadege field was shut down for a total of 28 days (Q2 2012: 9 days) due to various disruptions, repairs and maintenance of the export pipeline.

SIX MONTHS ENDED JUNE 30, 2013

Mart's share of average daily oil produced and sold for the six months ended June 30, 2013 from the Umusadege field was 3,827 bopd compared to 5,713 bopd for the six months ended June 30, 2012. During the six month ended June 30, 2013, the Umusadege field was shut down for a total of 74 days (2012: 27 days) due to various disruptions, repairs and maintenance of the export pipeline.

During the six months ended June 30, 2013, Mart has declared total dividends of CAD $0.10 per common share for an aggregate amount of CAD $35.6 million (2012: CAD $35.6 million).

Net income for the six months ended June 30, 2013 was $21.0 million ($0.059 per share) compared to net income of $40.3 million ($0.120 per share) for the six months ended June 30, 2012. The lower net income during the period was due to the export pipeline shutdowns in Q1 2013 caused by repairs and maintenance that resulted in decreased revenue.

Funds flow from production operations was $44.8 million ($0.126 per share) for the six months ended June 30, 2013 compared to $76.4 million ($0.227 per share) for the six months ended June 30, 2012 (see Note 1 to the Financial and Operating Results table on page 3 hereof regarding Non-IFRS measures).

Mart's share of Umusadege field oil produced and sold for the six months ended June 30, 2013 was 692,713 bbls compared to 1,039,840 bbls for the six months ended June 30, 2012. The decrease in oil produced and sold was primarily attributable to Umusadege field shutdowns during the first half of 2013.

The average price received by Mart for oil for the six months ended June 30, 2013 was $109.53 per bbl compared to $107.05 per bbl for the six months ended June 30, 2012.

Mart's share of estimated pipeline and export facility losses for the six months ended June 30, 2013 totaled 136,903 bbls, or approximately 16% of crude deliveries from the Umusadege field for the period. The pipeline operator has not yet reported the losses for May and June 2013. Mart has used 16% as the estimated losses for these two months based upon average losses during preceding periods.

FINANCIAL AND OPERATING RESULTS

The following table provides a summary of Mart's selected financial and operating results for the three and six months ended June 30, 2013 and 2012 and the twelve months ended December 31, 2012:
USD $ 000's
(except oil produced and sold, share, per share amounts, and oil prices) 3 months ended June 30, 2013 3 months ended June 30, 2012 6 months ended June 30, 2013 6 months ended June 30, 2012 12 months ended Dec. 31, 2012
Mart's share of the Umusadege Field:
Barrels of oil produced and sold 461,329 408,638 692,713 1,039,840 1,844,389
Average sales price per barrel $109.30 $103.05 $109.53 $107.05 $103.43
Mart's percentage share of total Umusadege oil produced and sold during the period 69.8% 52.0% 63.6% 66.0% 66.7%
Mart's share of petroleum sales after royalties, content development levy and community development costs $43,214 $27,824 $63,036 $89,708 $161,390
Funds flow from production operations (1) $31,705 $21,432 $44,844 $76,392 $137,743
Per share - basic $0.089 $0.064 $0.126 $0.227 $0.398
Net income $19,088 $2,354 $20,997 $40,265 $58,046
Per share - basic $0.054 $0.007 $0.059 $0.120 $0.168
Per share - diluted $0.053 $0.007 $0.058 $0.115 $0.163
Total assets $267,116 $245,621 $267,116 $245,621 $281,506
Total bank debt (2) $23,425 Nil $23,425 Nil Nil
Weighted average shares outstanding for periods ended:
Basic 356,574,869 337,031,536 356,436,287 336,892,067 345,715,889
Diluted 358,717,631 350,351,187 359,379,004 349,636,416 355,617,583

Note:

Indicates non-IFRS measures. Non-IFRS measures are informative measures commonly used in the oil and gas industry. Such measures do not conform to IFRS and may not be comparable to those reported by other companies nor should they be viewed as an alternative to other measures of financial performance calculated in accordance with IFRS. For the purposes of this table, the Company defines "Funds flow from production operations" as net petroleum sales less royalties, content development levy, community development costs and production costs. Funds flow from production operations is intended to give a comparative indication of the Company's net petroleum sales less production costs as shown in the following table:

USD $ 000's 3 months ended
June 30, 2013 3 months ended
June 30, 2012 6 months ended
June 30, 2013 6 months
ended
June 30, 2012 12 months
ended
Dec. 31, 2012
Petroleum sales 50,423 30,888 75,873 103,862 190,761
Less: Royalties, content development levy and community development costs
7,209
3,064
12,837
14,154
29,371
Net petroleum sales 43,214 27,824 63,036 89,708 161,390
Less: Production costs 11,509 6,392 18,192 13,316 23,647
Funds flow from production operations 31,705 21,432 44,844 76,392 137,743

Bank indebtedness was $25 million of which $1.6 million related to borrowing costs (consistent with IFRS), resulting in the reported the bank debt is $23.4 million.

OUTLOOK AND OPERATIONS UPDATE:

Dividend

On June 26, 2013, Mart declared a quarterly cash dividend of CAD $0.05 per common share that was paid to shareholders on July 18, 2013 for an aggregate amount of CAD $17.8 million.

UMU-10 Well

The Company announced on November 5, 2012 that the UMU-10 well encountered 479 feet of gross hydrocarbon pay in 20 sands. The results of the well tests conducted have been previously press released.

The operator of the Umusadege field plans to return to the UMU-10 well after drilling the UMU-11 well (discussed below) to carry out the remaining testing operations on the XXb and XIX sands in the long string with a coiled tubing unit. Multirate flow testing will then be performed on all sands completed in the long string: XIX, XXb, and XXI.

UMU-11 Well

The UMU-11 well commenced drilling operations on August 14, 2013 and is currently at a depth of 1,100 feet in the 16-inch upper hole section. The 16-inch upper hole section is anticipated to be drilled to a depth of approximately 5,000 feet. The next activity will include running and cementing 13 3/8 inch casing in the upper hole section. Once completed, drilling will then continue with a 12 1/4 inch section to a total measured depth of approximately 8,700 feet, followed by running a 9 5/8 inch casing.

The main objectives for the UMU-11 well are to appraise and produce proven oil reservoirs encountered but not completed in the UMU-9 and UMU-10 wells. These sands (XIIb, XIIc, XVIa, and XVIb) were previously logged and sampled. The UMU-11 objective is to test four of these oil-bearing sands, and if successful, complete these sands for production.

After completion of the UMU-11 well, an exploration/appraisal well is planned to be drilled on the East exploration structure of the Umusadege field.

Second Drilling Rig

A tender for a second drilling rig was successfully completed, and after site preparation the second drilling rig is expected to start drilling a water disposal well in September 2013. After completion of the water disposal well, the rig is planned to be used to re-entry UMU-8 well. Following the activities at UMU-8, the drilling rig will move to the UMU-4 location to drill a re-entry horizontal development well in Q1 2014. Mart and its co-venturers plan to drill several additional horizontal wells.

Umugini Pipeline Construction Update

Construction of the Umugini pipeline has been completed from the location near the Umusadege field to a point approximately 17 kilometers into the 51-kilometer pipeline. Construction operations are being delayed due to weather conditions and heavy rains in the area that required the construction contractor to shut down operations. It is now expected that pipeline construction will be completed in the first quarter of 2014.

The Umugini pipeline has two segments. The first segment is from the Umusadege field south to the Ogini flow station on OML 26. This section is 23 kilometers in length and is where the 17 kilometers of pipeline construction has been completed. The second segment is from the Ogini flow station west to the Eriemu flow station. This section of the pipeline will be constructed along an existing right of way and will be twinning the existing pipeline currently operating between the Ogini flow station and the Eriemu flow station. The Umugini pipeline will provide a second independent export pipeline for Umusadege field production. The Umugini pipeline's gross transportation capacity will be approximately 45,000 barrels per day and it will connect the Umusadege field to the Trans Forcados export pipeline. The Trans Forcados export pipeline will deliver crude oil from Umusadege field to the Forcados export terminal operated by Shell.

Production Update

Umusadege field production during July 2013 averaged 10,800 bopd. Umusadege field downtime during July 2013 was approximately 4.5 days due to sporadic shutdowns required for commissioning and testing of the new central processing facility and operations connected to preparation for drilling of the UMU-11 well. The average field production based on producing days was 13,200 bopd in July 2013, which is the highest average production rate for a calendar month based on production days.

Total net crude oil deliveries into the export pipeline from the Umusadege field for July 2013 were approximately 347,100 bbls before pipeline losses. Pipeline and export facility losses for May 2013, June 2013 and for July 2013 have not yet been reported by Nigerian Agip Oil Company ("Agip"), the export pipeline operator. In the past, Agip has reported pipeline and export facility losses one month after the final reporting of each month's injection totals, but for the past two months the pipeline losses have not been reported. Mart and its co-venturers have requested the loss information from Agip and will publicly disclose this information when it is received.

As a result of negotiations with Agip, the Umusadege field has been allocated an additional pipeline reserved production capacity of up to 4,500 bopd. An increase in oil shipments from the Umusadege field will be achieved after more powerful pumps are obtained and installed by Agip.

CHAIRMAN'S COMMENT:

Wade Cherwayko, Chairman & CEO of Mart, said, "In the second quarter of 2013 Mart resumed normal production operations, after experiencing shutdowns in the first quarter that were far above normal due to maintenance and repairs to the export pipeline performed by the pipeline operator. This resulted in much improved production and revenue in Q2 2013 compared to Q1 2013 and Mart's revenue for Q2 2013 was $43.2 million with a net income after taxes of $19.1 million.

The export pipeline resumed normal operations on April 17, 2013, and production and injection into the export pipeline has continued at levels at or nearing the maximum allocation. The Umusadege field's production capacity remains strong, and the potential of the field continues to be very positive. The Company continues to work towards maximizing production and increasing reserves. The construction of the additional export pipeline will also enable the Umusadege co-venturers to fully exploit the potential of the Umusadege field. The new Central Production Facility ("CPF") was commissioned in the beginning of July 2013 at the Umusadege field and all production is being processed by new facility. Current capacity of the CPF is 35,000 barrels per day and is expandable to handle future production increases as needed. The drilling of UMU-11 well began in August 2013. Additional development drilling activities are planned for the remainder of 2013. The Company declared a quarterly cash dividend of CAD $0.05 per common share that was paid to shareholders on July 18, 2013 for an aggregate amount of CAD $17.8 million."

Mart will hold a conference call to discuss the operational and financial results for the quarter ended June 30, 2013. The conference call is scheduled for August 16, 2013 at 10:00 AM Mountain Daylight Time (12:00 Eastern Daylight Time). Wade Cherwayko, Chairman & CEO of Mart, and Dmitri Tsvetkov, Chief Financial Officer of Mart, will host the call and be available during the question-and-answer session. To access the conference call, please dial 1-866-225-2055 or 416-340-8061. An instant replay of the call will be available until August 23, 2013 by dialing 1-800-408-3053 or 905-694-9451 and entering pass code 5224100.

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.

..."

[babychess]

Mart Announces $0.05 Per Common Share Dividend

CALGARY, ALBERTA--(Marketwired - Sep 4, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") is pleased to announce the declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on October 2, 2013 to shareholders of record at the close of business on September 18, 2013. The ex-dividend date is September 16, 2013.

http://finance.yahoo.com/news/mart-announces-0-05-per-123000…

[Sanoko]

Frage mich ob und, wenn ja, wann man da wieder rein muss; Chen Lin meint, dass Mart nächstes Jahr die derzeitige Market Cap in Cash generiert...Was aber richtig stört ist, dass sich viele Majors aus Nigeria zurückziehen.

[Sanoko]

http://www.nytimes.com/2013/09/20/world/africa/nigerias-poli…

mmmh ...

[TheBonsaiman]

Ja Leck mich am A...
warum gehts da so tief runter???

Jemand ne Ahnung?

[praesens]

Der Hinweis dazu findet sich in der News vom 1.10.
Verbunden wohl mit einer Infragestellung der künftiger Dividendenzahlungen:


"Mart Resources, Inc.

TSX VENTURE : MMT

October 01, 2013 09:08 ET

Mart Resources, Inc.: UMU-11 Well Update and Pipeline and Export Facility Losses Update


- The UMU-11 well reached the target total depth of 8,910 feet on September 27, 2013. Logging and formation evaluation will proceed, followed by completion and testing operations.


- Mart and its co-venturers are working with the Nigerian Department of Petroleum Resources and Nigerian Agip Oil Company ("Agip") to reconcile the rate and calculation of the ongoing pipeline and export facility losses.


CALGARY, ALBERTA--(Marketwired - Oct. 1, 2013) - Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited (together "the Co-venturers") are pleased to announce an update for the UMU-10 well, and provide the following update on Umusadege field operations.

UMU-11 Well

The UMU-11 well reached a final total drilling depth of approximately 8,910 feet on September 27, 2013. The next phase of operations will include open hole well logging, conducting pressure surveys on prospective zones, and acquiring fluid samples. Well operations will then continue with running 9 5/8 inch casing in the open hole. 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. The completion and testing of UMU-11 is expected to take approximately 30-45 days.

Pipeline and Export Facility Losses

Mart and its co-venturers are working with the Nigerian Department of Petroleum Resources and Agip to reconcile the rate and calculation of the ongoing pipeline and export facility losses. Additional data has been requested in connection with the recent increases in the rate of pipeline and export facility losses, as well as more detailed information regarding the calculation and distribution of the losses among the affected parties that inject production into the Agip pipeline. Mart will be proactively monitoring this situation and will provide additional information as it becomes available.


..."

[Trade0601]

Antwort auf Beitrag Nr.: 45.607.241 von praesens am 10.10.13 22:53:17

Danke für den Hinweiss, gern mehr Beiträge hier...

[Sanoko]

Wär cool wenn das Ding wieder Richtung 50c fallen würde ... wie bei meiner ersten Runde mit Mart ... ;-)

[Boersiback]

Analystenkommentar ausführlich

http://stanleyholland.blogspot.de/2013/10/mart-resources-car…

[babychess]

http://www.martresources.com/wp-content/uploads/2013/12/MMT-…

NEWS RELEASE
MART RESOURCES, INC.
December 11, 2013
MART ANNOUNCES $0.05 PER COMMON SHARE DIVIDEND
Calgary, Alberta – Mart Resources, Inc. (TSX-V: MMT) (“Mart” or the “Company”) is pleased to announce the declaration of a quarterly dividend of $0.05 per common share. The dividend is payable on January 6, 2014 to shareholders of record at the close of business on December 19, 2013. The ex-dividend date is December 17, 2013.
Pursuant to the Company’s dividend policy, the declaration of regular quarterly dividends is determined quarterly based upon Mart’s cash flows, liquidity, capital expenditure budgets, earnings, financial condition and other factors as the Board of Directors may consider appropriate from time to time.
For more information, please contact Wade Cherwayko / Dmitri Tsvetkov at Mart’s London, England office # [phone] or e-mail: [e-mail] / [e-mail]; or in Canada contact Sam Grier at 403-270-1841 or toll free 1-888-875-7485. 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.

[zopotrump]

Hallo, weiß jemand wann die neue Pipeline fertig gestellt sein soll?

[Trade0601]

Antwort auf Beitrag Nr.: 46.229.469 von zopotrump am 15.01.14 07:16:09

Hallo,

ich glaube im 2. Quartal ca. soll Fertigstellung sein.

[Boersiback]

Antwort auf Beitrag Nr.: 46.229.469 von zopotrump am 15.01.14 07:16:09

es wurde mal gesagt so richtung juni... hatte sich ja mal verschoben.
bei den divis braucht die aktie nicht mal zu steigen um mich zufrieden zu machen.

[zopotrump]

Danke für eure Antworten!
Freue mich schon auf die Meldung, das die
neue Pipeline fertiggestellt ist
Tja die Dividente gefällt mir auch, damit diese
aber auch nachhaltig bleibt muss die neue Pipeline her.
Rechne zudem mit einem Kurs von min 1,50€ wenn es dann soweit
ist. Mal sehen.

[babychess]

OPERATIONS AND PRODUCTION UPDATE

http://www.martresources.com/wp-content/uploads/2014/02/MMT-…

[Boersiback]

Antwort auf Beitrag Nr.: 46.446.755 von babychess am 13.02.14 20:55:22

was steckt negatives drin ? weshalb der verlust ?
dass man bzgl der öldiebstähle in form von pipeline losses doch recht machtlos ist. zumindest bei der aktuellen.

[babychess]

OPERATIONS AND PRODUCTION UPDATE

http://www.martresources.com/wp-content/uploads/2014/03/MMT-…

Ist noch jemand investiert?

Pipeline hatte im Februar schon wieder 12 Tage Ausfallzeit, aber wenigstens die Verluste hielten sich im Januar mit 9,4% im Rahmen.
Da bleibt nichts anderes übrig als weiter auf die neue Pipeline zu warten. Der Bau scheint planmäßig fortzuschreiten und soll in der ersten Hälfte 2014 fertiggestellt werden.

im Prinzip nix neues

[Boersiback]

Antwort auf Beitrag Nr.: 46.652.575 von babychess am 18.03.14 16:59:25

naja das waren hier eher "spitzenmässige news".
die ausfälle wirds immer geben da muss man sich nichts vormachen.
bin auf die zweite pipe gespannt und auf den durchsatz.

der laden muss nur flach laufen bzgl chart und weiter die divi zahlen. reicht doch für ne gute performance

[babychess]

Antwort auf Beitrag Nr.: 46.654.809 von Boersiback am 18.03.14 22:40:35

Mit den aktuellen Zahlen werden sie die Dividende auf Dauer nicht halten können.
Wollen wir auf eine zügige Fertigstellung der neuen hoffentlich verlustarmen Pipeline hoffen.

[Boersiback]

Antwort auf Beitrag Nr.: 46.655.489 von babychess am 19.03.14 08:20:40

naja ich hoffe mal mit der neuen können sie sie halten.
mehrsteuern fallen soweit ichs grob ahne auch an... müßte mich mal wieder schlau machen.

einen vorteil haben sie auch gegenüber high yields aus USA/CAN.
extremst wenig schulden !
auch nicht zu unterschätzen.... bis die soviel schulden anhäufen wie der durchschnittliche oil-MLP in usa können sie noch 10 jahre die divi zahlen

[babychess]

Antwort auf Beitrag Nr.: 46.661.105 von Boersiback am 19.03.14 19:41:10

MART ANNOUNCES $0.05 PER COMMON SHARE DIVIDEND

http://www.martresources.com/wp-content/uploads/2014/03/MMT-…

[babychess]

MART ANNOUNCES LISTING ON THE TORONTO STOCK EXCHANGE

http://www.martresources.com/wp-content/uploads/2014/03/MMT-…

[babychess]

OPERATIONS AND PRODUCTION UPDATE
http://www.martresources.com/wp-content/uploads/2014/04/MMT-…

FINANCIAL AND OPERATING RESULTS
http://www.martresources.com/wp-content/uploads/2014/04/MMT-…

[babychess]

Nicht viel los hier...

OPERATIONS AND PRODUCTION UPDATE
http://www.martresources.com/wp-content/uploads/2014/05/MMT-…

FINANCIAL AND OPERATING RESULTS
http://www.martresources.com/wp-content/uploads/2014/05/MMT-…

Die neue Pipeline scheint nach Plan fertig zu werden.
Dann sollte wieder etwas mehr Bewegung in die Bude kommen.

[babychess]

Seit gestern hohe Umsätze und steigende Kurse.
Das monatliche Update scheint gute Neuigkeiten zu enthalten...

[babychess]

The energy report

http://www.theenergyreport.com/pub/co/3448

Chen Lin, What Is Chen Buying? What Is Chen Selling? (5/16/14)
"I listened to Mart Resources Inc is onto something. It deposited $56M into a special account and the management hinted that they are likely looking at some oil-producing assets that majors are selling. . .I see the potential transaction is a huge boost to the company. . .if successful, it can launch the company to a completely different platform. . .Mart should have a summer full of significant news and I am looking forward to it."

[Boersiback]

Antwort auf Beitrag Nr.: 47.164.412 von babychess am 17.06.14 16:13:57

was geht denn mit meinem divi-sparbuch mart ab...
ich dachte die bleiben jetzt ewig bei 1,50 und liefern mir ihre 13% pro jahr ab.
letzter kauf bei 0,95 cad dank der charttechnik.
ist die zweite pipe jetzt fertig ?
spurdeln muss das öl dann aber auch noch nicht nur der kurs.

[babychess]

OPERATIONS AND PRODUCTION UPDATE

http://www.martresources.com/wp-content/uploads/2014/06/MMT-…

Das wars wohl vorerst mit dem Dividendensparbuch...

Mart Defers Common Share Dividend

Pursuant to the Company’s dividend policy, the declaration of dividends is determined quarterly based upon Mart’s cash flows, liquidity, capital expenditure budgets, earnings, financial condition and other factors as the Board of Directors may consider appropriate from time to time. In view of Mart’s ongoing drilling program on the Umusadege field, additional capital
required for the possible acquisition of the Property and uncertainty regarding timing of first oil through the Umugini Pipeline, Mart’s Board of Directors have deferred the decision to declare a quarterly dividend until the Board is able to fully assess the capital needs for the Company’s ongoing business and growth opportunities.

[Boersiback]

Antwort auf Beitrag Nr.: 47.166.338 von babychess am 17.06.14 21:27:24

na scheisse so schnell wird aus gold dreck

[Boersiback]

Antwort auf Beitrag Nr.: 47.166.524 von Boersiback am 17.06.14 22:01:12

liest sich nicht gut insgesamt
morgen nichts wie raus. mich würds nicht wundern wenn die bald unter 0,5 cad stehen
ein wackelei war die kiste ja schon immer, aber jetzt schepperts gnadenlos

[babychess]

Zitat von Boersiback: liest sich nicht gut insgesamt
morgen nichts wie raus. mich würds nicht wundern wenn die bald unter 0,5 cad stehen
ein wackelei war die kiste ja schon immer, aber jetzt schepperts gnadenlos

Interessant wie schnell sich in wenigen Stunden eine Meinung so ändern kann...

Kurzfristig mag die Aussetzung der Dividende den Kurs belasten, aber ich weiß nicht warum Du so schwarz siehst?
Die 2. Pipeline ist kurz vor dem Abschluss und das war ja das Hauptproblem in der Vergangenheit.
Auch durch einen Zukauf wäre MART breiter aufgestellt und hätte ganz andere Entwicklungsmöglichkeiten.

[Boersiback]

Antwort auf Beitrag Nr.: 47.167.614 von babychess am 18.06.14 08:39:32

bin zum glück noch bei 1,45 CAD rausgekommen vorhin...

die schulden sind recht gering... die frage ist warum sie jetzt kurz vor fertigstellung die divi streichen.
die divi war eigentlich der hauptgrund weshalb sich der kurs so gut hielt meiner ansicht nach.
billig waren sie nie. die pipeline-losses kriegen sie auch nicht in den griff, wie auch... überrascht mich nicht wirklich.

die zweite pipe soll ja teils zubetoniert sein, würd mich mal intersssieren wie viel davon.

bin jedenfalsl froh dass ich raus bin und schau mal in ein paar monaten wieder vorbei wie es bei ihnen läuft.

[Boersiback]

Antwort auf Beitrag Nr.: 47.167.614 von babychess am 18.06.14 08:39:32

Interessant wie schnell sich in wenigen Stunden eine Meinung so ändern kann...

absolut... das hat mir der markt nicht anders beigebracht.
dafür hab ich einfach genug krasse anstiege und krusverfälle direkt aufeinander gesehen und genauso andersrum
ich bin nur die hure des marktes und kein macher.

[babychess]

Chancen und Risiko waren hier schon immer hoch, da hat mit den letzten News nichts verändert. Eher im Gegenteil, durch einen Zukauf wäre man eben nicht mehr von einer einzigen Pipeline abhängig.
Wenn man den Kurs betrachtet sehen es wohl viele ähnlich, kurze Panik nach der Dividendenmeldung und jetzt stehen wir wieder da wo wir vor 2 Tagen auch schon waren.

[Boersiback]

Antwort auf Beitrag Nr.: 47.173.258 von babychess am 18.06.14 23:06:02

scheint so...

hatte es bei lightstream mal verpasst... nach divikürzung war ich nach einstieg auch sofort praktisch wieder raus weil ich dacht der markt würgt sie ab. kurs damals 5,50 heuer 9 rum

mich nervt einfach hier die sache mit den pipelineverlusten schon lange. zudem fand ich sie auch nie wirklich billig.

klar chancen und risiken beides hoch, aktuell sowieso.
dem management kann man sicher nichts vorwerfen bisland. als die aktie mal bei 5 cents stand früher dachte keiner dass alles so gut auf die reihe bekommen

[babychess]

OPERATIONS AND PRODUCTION UPDATE

http://www.martresources.com/wp-content/uploads/2014/07/MMT-…

Eher bescheidenes Update, aber zumindest die Pipeline ist kurz vor der Fertigstellung. Die Meldung der Fertigstellung/Inbetriebnahme sollten für etwas Bewegung sorgen.

[babychess]

UMU-3 WELL FLOW TEST RESULTS AND DRILLING UPDATE
http://www.martresources.com/wp-content/uploads/2014/07/MMT-…