Mart Resources Inc MAUXF

Drilling results

[CatalystTrader]

The UMU-14H well was successfully landed in the VIII sand and the horizontal section drilled to a total horizontal length of 1,000 feet. The well reached total depth of 9,280 feet (measured depth) on Aug. 10, 2015. Completion operations have been concluded and the drilling rig has been demobilized from the location. The initial cleanup and flow testing have yielded an initial flow of clean oil with no water cut. Detailed testing information will be released upon the conclusion of the testing program.
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[traderlong2]

Could  Midwestern want to see the results of  UMU-15 before they  submit  a new  bid ? Mart is paying 50% of the costs of this new well I  hope Midwestern and Delta are not working together  to get Mart cheapier Delta would be a good partner for Midwestern This sure don't smell right  for Mart shareholders glta Drilling and Testing Update The

[Samdm]

They would know the results and the stock was in the .20 area Shareholders win/ Delta also wins / it is a win/win If Midwestern wants to get financing then make a better offer they can