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Bullboard - Stock Discussion Forum Mart Resources Inc MAUXF

OTCPK:MAUXF - Post Discussion

Mart Resources Inc > MMT has rigs on the way to Nigeria...
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Post by oiljack14 on Jan 06, 2013 2:06pm

MMT has rigs on the way to Nigeria...

$ 100 mm budget for new rigs.

 

https://investorvillage.com/groups.asp?mb=17397&mn=10928&pt=msg&mid=12432288

 

As I say....use or flush.......I telegraphed it a good while ago!

Comment by hangemhigh4 on Jan 06, 2013 3:02pm
Oil jack.. So how does this affect Mart?  Not really clear on that one. Thanks
Comment by oiljack14 on Jan 06, 2013 3:11pm
NRG is their drilling subsidiary.  They own and control it.  it gives them a new revenue stream and it gives them leverage when negotiating for new Nigerian blocks.
Comment by hangemhigh4 on Jan 06, 2013 4:21pm
Thanks. Thats interesting.  All the different aspects of Mart. Good having you on board here. glty
Comment by Toddarmstrong on Jan 06, 2013 5:01pm
So how do we see the reveues generated by nrg in the financials and also the assets based in nrg?
Comment by oullins on Jan 06, 2013 5:59pm
NRG revenue is the the year end report on Sedar. Just do a search (ctl F) and enter NRG. It is not much, around $200K. The web site for NRG is good:   https://www.nrgdrilling-ng.com/1/   Cheers      
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