www.martresources.com www.martresources.com MART RESOURCES: Marts position and plans after termination of the transaction with Midwestern Dmitri Tsvetkov (Interim CEO, CFO & Director) Investor Conference Call, August 28, 2015 1
www.martresources.com Transaction with Midwestern is terminated - Mart presents plans to move forward CALGARY, Alberta Mart Resources, Inc. (TSX: MMT) (Mart or the Company) announced on August 26, 2015 that, further to its press…
www.martresources.com Whats next Mart and Midwestern have a cooperative relationship and they will continue working together as co-venturers at the Umusadege field and as shareholders of Eroton developing OML 18. Maintaining a…
www.martresources.com Whats next (continued) Subject to future oil price volatility, continuing current operations without any transaction is one of the options for Mart: Mart is a low cost producer with cash net back of 16.10…
www.martresources.com Q2 2015 and 6 Months Ended June 30, 2015 Netback US/bbl Q2 2015 1H 2015 Volumes of oil produced and sold, bbl 526,445 1,317,075 Sales 58.01 54.52 Royal6es and NDDC (12.76) (10.96) Net sales 45.25…
www.martresources.com Umusadege Field Development Umusadege west explora6on Existing Development expected case (Pmean) of 5.3 million barrels recoverable (gross 100% eld basis). Con6ngent upon explora6on West success,…
www.martresources.com Umusadege gross production 25,000 Producing Days Calendar Days 20,000 15,000 10,000 5,000 0 Note: Production on calendar days is different from production on producing days…
www.martresources.com OML 18 In March 2015, Mart as a member of a consortium of companies (the consortium members) through Eroton Exploration and Production Company Limited (Eroton), a special purpose company owned directly or…
www.martresources.com OML 18 (continued) Cumulative production to January 1, 2013 of 1,040 MMbbls oil and 1,878 Bcf of gas. The 51-101 compliant reserves report for the OML 18 will be based on the subsurface technical…
www.martresources.com www.martresources.com CONTACT DETAILS : THANK YOU Mr. Dmitri Tsvetkov (Interim CEO,CFO & Director) Email: dmitri.tsvetkovmartresources.com FOR YOUR UK Correspondence Office: Unit 5, Chelsea Wharf…
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