Mart Commences Well Test at Umusadege Field

Umusadege Field
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Mart Resources and its partners say that testing operations at the Umu-N2 well located in the Umusadege field have commenced.

After an initial 10-hour flow period, the well has been temporarily shut in to install additional testing equipment anticipated to be in place by the end of the week. The Company will provide further updates once final production testing has been completed. The Umu-N2 well test is from a deeper oil zone than the previously announced Umu-1 well test.

At the Umu-1 well, completion equipment including tubing, wellhead and down hole production packers is currently mobilizing to the well location. It is anticipated that the well will be completed for dual-zone production within two weeks. As announced in July 2007, Mart and its partners tested the Umu-1 well at a combined flow rate of 6,021 barrels oil per day.

Construction of surface production facilities has commenced at Umu-1, including a manifold, separation and metering systems that are being tied into a recently constructed oil export pipeline that runs through the Umusadege field to an export terminal 15 km away.


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