Mart Resources Inc MAUXF

RE: RE: Questions for Oullins

[scramblin8man]

Appreciate the info Oullins - my vote for shareholder value is a monthly dividend of 2 cents. There is obviously a lot of oil in this field and I would be very happy to take a nice dividend for the next 20 years.

Mart is obviously well positioned to leverage its success with another partnership. I am for this if it does not put the dividend in jeapordy.

A question around potential new partnerships on these marginal fields - what will Marts cash requirements be should they enter into a new partnership? I am assuming that the indigenous bidder has to come up with all the cash for the perspective acreage - is it possible that Mart would have to back door the funds through a loan?

Once the partnership is in place is it logical to assume a new agreement would be similar to the existing one where mart up fronts all the costs but gets paid back first from the oil revenue? If this is the case what is a ballpark dollar number to get a new field up and running in this part of Nigeria? and what would the potential timeframe be before a drill would turn under one of these new partnerships?

I know there are many variables to consider in these questions - i am looking more for potential scenarios than a direct answer so I can understand the possibilities and the potential need for cash.