Mart Resources, Inc. (Mart) is an international oil and gas company focused on production and development opportunities in the highly prolific Niger Delta region of Nigeria. Mart was one of the first foreign oil companies to establish ventures with local Nigerian operators under the indigenous and marginal field program.
The Umusadege marginal oil field in Delta State is Mart’s core strategic asset and is being developed in partnership with Midwestern Oil and Gas Plc and Suntrust Oil. Since initial production of 2,250 bopd (on re-entering UMU-1 in 2008), the field now produces from 7 wells at daily production rates in excess of 12,000 bopd. Further near term development and exploration drilling is planned to maximise the potential of the Umusadege field and surrounding areas.
At a glance
Mart is an independent international oil & gas company focused on production and development opportunities in the prolific Niger Delta region of Nigeria.
The Umusadege oil field in Nigeria’s Niger Delta region is Mart’s core strategic asset.
Mart has partnered with local Nigerian companies to acquire proved, undeveloped oil fields in the Niger Delta with a focus on low-risk, high-opportunity assets.
Management & board
Board Directors & Senior Management Team