Umusadege Well Flows for Marta Resources

Mart Resources and its co-venturers -- Midwestern Oil and Gas Company, operator of the Umusadege field in Nigeria, and SunTrust Oil Company -- are pleased to announce the UMU-9 well flow rate test results for the XIIIa, XIIIb, XIIa and X sands.

Flow Test Results

During the commingled test of the XIIIa and XIIIb sands, the well flowed 42 API gravity oil through 3 1/2 inch tubing on a 28/64 inch choke at a flowing tubing pressure of 350 psi. Basic sediment and water (BS&W) was 1.0 percent with no associated gas. A stabilized flow rate of 2,576 bopd was recorded from the commingled 16 foot XIIIa and 15 foot XIIIb sands.

The test of the XIIa sand was conducted through the 3 1/2 inch tubing on a 30/64 inch choke at a flowing tubing pressure of 290 psi. The well flowed 35 API gravity oil with BS&W of 0.8 percent with no associated gas. The 30 foot XIIa sand flowed at a stabilized test rate of 3,600 bopd.

The test of the X sand was conducted through the 3 1/2 inch tubing on a 28/64 inch choke at a flowing tubing pressure of 160 psi. The well flowed 40 API gravity oil with BS&W of 0.6 percent and an oil/gas ratio of 43 standard cubic feet per barrel. The 10 foot X sand flowed at a stabilized test rate of 1,300 bopd.

As previously announced, the test of the XIV sand was conducted through a 3 1/2 inch tubing on a 32/64 inch choke at a flowing tubing pressure of 480 psi. The well flowed 43 API gravity oil with BS&W of 0.2 percent and an oil/gas ratio of approximately 90 standard cubic feet per barrel. The 46 foot XIV sand flowed at a stabilized test rate of 4,240 bopd.

The combined flow rate of the five sands tested in the UMU-9 well is 11,718 bopd.

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