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Mart Resources Inc MAUXF

Energy Oil & Gas E&P


OTCPK:MAUXF - Post by User

Mart Resources Inc > Mart´s 2014 Cash flow projection
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Comment by Fernando2010on Aug 27, 2013 7:03pm
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Post# 21702073

RE:RE:Mart´s 2014 Cash flow projection

RE:RE:Mart´s 2014 Cash flow projectionThanks Zeus.
Regarding the royalty, Mart has clearly indicated a combined royalty rate (Farmout royalty + government royalty) of 20% for a gross production of 25.000 bopd
See page 6 of this old Mart presentation:

https://www.martresources.com/wp-content/uploads/2012/10/April-24-2012-%E2%80%93-Mart-Resources-%E2%80%93-Developing-Nigerian-Assets-Presentation.pdf
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