MMT Mart Resources

Mart Resources, Inc. ("Mart" the "Company") (TSX VENTURE:MMT) is pleased to
announce the following update on operations.


Production from the Umusadege field began on April 20, 2008 from the XIIb zone
in the UMU-1 well through an early production facility. Mart and its partners,
Midwestern Oil & Gas Company PLC (Operator) and Suntrust Oil Company Nigeria
Limited, had planned to produce the UMU-1 well initially from the XIIb and XIIa
zones individually and then commingle production from the two zones
simultaneously. Although production from the individual zones in the well has
been successful, the initial attempts at commingled production did not produce
the production increase that had been anticipated due to potential behind casing
communication between the two zones. The combined total field production rate
from the Umusadege field is currently 2,810 barrels of oil per day. The UMU-1
well has been produced separately from the individual reservoirs while further
testing and engineering studies are undertaken. The UMU-1 well has been produced
on various choke sizes during the initial production period to get a better
understanding of the reservoir and optimum production rates. The well is
currently flowing from the XIIb zone at a total production rate of 2,630 barrels
of oil per day with 17 % water and sediment. One possible cause for the
increased water production in the XIIb zone could be the result of behind casing
communication issues mentioned above.


The UMU-3 well that commenced production on July 22, 2008 is currently producing
at a total production rate of 180 barrels oil per day with 56 % water and
sediment. The production rate has been restricted due to surface facility
constraints which are currently being addressed. The well has also shown signs
of down hole problems including a leaking production packer and communication
with the production tubing that may have caused the increase in water
production. A well work-over is scheduled to be done in the near term to repair
the down hole production equipment.


The UMU-5 well that spudded on July 31, 2008 has experienced delays as a result
of significant sand caving, creating mechanical problems while drilling the
upper large diameter hole section, in addition to some drilling equipment
break-downs. These issues are currently being resolved and normal drilling
operations will resume shortly. UMU-5 drilling operations are estimated to be 3
weeks behind schedule as a result of these problems. Assuming successful
drilling and completion, the UMU-5 well is anticipated to provide production
from additional oil reservoirs of the 11 hydrocarbon zones which lie above the
XIIa and XIIb zones in the UMU-1 well.


Mart and its partners intend to drill further development wells following
completion of UMU-5 and, assuming that the wells are commercially successful, it
is anticipated these would lead to additional production from the field.


At the KE field, Mart and its partner Del-Sigma Petroleum Nigeria Limited have
commenced drilling site preparation which includes dredging an access channel
through a swamp area to dry land, constructing a jetty and building a road and
drilling pad on dry land. Subject to timely completion of this work and receipt
of all requisite approvals, drilling operations are anticipated to commence in
Q1 2009.


As announced on September 10, 2008, Mart and its partner, Network Exploration
and Production Nigeria Limited commenced drilling operations on the Qua Ibo
field.


As a consequence of its active drilling campaign at the Umusadege field,
commencement of drilling operations at Qua Ibo field and ongoing drilling site
preparations at Ke field, Mart believes that it is now well positioned for
future growth.


About Mart Resources:

Mart Resources Inc. is an independent, international petroleum company focused
on drilling, developing and producing oil and gas from low-risk proven petroleum
properties in Africa. The Company owns two drilling rigs, has strong local
relationships and has formed joint venture partnerships with indigenous
operators in Nigeria. Based on these factors Mart has successfully acquired
interests in and begun development of a portfolio of three on-shore Nigerian oil
fields. Mart's first oil production commenced in April 2008 from the Umusadege
field.


Certain statements in this News Release constitute forward-looking statements
under applicable securities legislation. Such forward-looking statements involve
risks, uncertainties and other factors which may cause the actual results,
performance or achievements of the company to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Forward-looking statements in this new release
include but are not limited to references, whether actual or implied, to future
production levels Umu-1 and Umu-3 wells and references to successful drilling
and testing of the Umu-5 well and to any future production therefrom. By its
very nature, such forward-looking information requires Mart Resources, Inc. to
make assumptions that may not materialize or that may not be accurate. This
forward-looking information is subject to known and unknown risks and
uncertainties and other factors, which may cause actual results, levels of
activity and achievements to differ materially from those expressed or implied
by such information. In particular, there is no assurance that the Umu-1 and
Umu-3 wells will continue to produce at current levels or that the Umu-5 well
will be successful or that if successful, that the well will be commercially
producible. All references to production levels contained in this press release
are to total field production rates at the wellhead and are before the deduction
of interests to third parties.


Furthermore, the forward-looking information contained in this news release is
made as of the date of this news release and, except as required by applicable
law, Mart Resources, Inc. does not undertake any obligation to update publicly
or to revise any of the included forward-looking information, whether as a
result of new information, future events or otherwise. The forward-looking
information contained in this news release is expressly qualified by this
cautionary statement.

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