Buhari’s oil policy likely to focus on structural reforms first, taxes last – APC

Nigeria’s president elect Muhammadu Buhari’s priorities for the oil sector may be focused on ending corruption and reforming the opaque national oil company as opposed to fiscal related issues, All Progressives Congress (APC) sources have confirmed to Reuters. Senator Bukola Saraki, whose APC party controls both houses of parliament after a landslide win, told Reuters; “We need […]

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Mart Resources Inc. provides Umusadege production update

Mart Resources, Inc. (MMT) (“Mart” or the “Company”) and its co-venturers, Midwestern Oil and Gas Company Limited (“Midwestern”, Operator of the Umusadege field) and SunTrust Oil Company Limited are providing the following updates on Umusadege field production for February 2015 and other operations. February 2015 Aggregate Production Update Umusadege field production during February 2015 averaged […]

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