Mart Resources issued an update on its operations in Nigeria at the Umusadege field. The company and its partners spud the UMU-16 well on December 6 to appraise the West Prospect potential.

The UMU-16 was drilled to the planned total depth of 10,597 ft, following which the zones of interest were logged and sampled and the 9 5/8 inch casing was cemented in place. The well was then drilled to 11,372 ft. The deep section is currently being logged and sampled, after which the deep section will be plugged back. The testing results for the UMU-16 well will be released after full interpretation of the drilling, logging, and sampling data and upon obtaining the required approval by the Department of Petroleum Resources.

The UMU-15 well short string completed in the XIV sand has been production tested at multiple choke settings, resulting in a final rate of 1,908 bpd on a 36/64 inch choke during a six-hour flow test. It was also long string completed in the XXa sand which was production tested at multiple choke settings, resulting in a final rate of 1,084 bpd during a six-hour flow period. The remaining zone in the long string (XVIIa sand) has been cleaned up however no production testing was undertaken. This zone will be placed on commercial production after depletion of the XXa sand.

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