MMT Mart Resources

Mart Resources, Inc. (TSX VENTURE:MMT) and its partners, Midwestern Oil and Gas
Company PLC (Operator) and Suntrust Oil Company Nigeria Limited, are pleased to
report encouraging initial test results from the first production test on the
UMU-5 well located at the Umusadege field in the Niger Delta of Nigeria.


The first test on the UMU-5 well was conducted on the IX oil zone for a duration
of 17 hours. During the test, the well flowed at rates up to 3,200 barrels per
day of 48 API gravity oil through 2 7/8 inch tubing on a 32/64" choke at a
flowing tubing pressure of 625 PSI. Water production was less than 0.2% and the
gas/oil ratio was approximately 80 standard cubic feet per barrel. Mart and its
partners are currently undertaking an additional production test in the VII oil
zone, located uphole of the IX oil zone.


In addition to the current production test in the IX zone, the UMU-5 well
confirmed oil in six other zones based upon wireline fluid samples. These
samples bring the total number of oil zones in the Umusadege field confirmed by
fluid samples to thirteen. Logs from the UMU-5 well indicate a total net oil pay
of 175 feet, including 27 feet in the IX zone and 47 feet in the VII zone.


The UMU-5 well was drilled as a "twin well" to the currently producing UMU-1
well in order to enable production from additional oil zones. Production from
the UMU-1 well, which was drilled by Elf in 1974, commenced on April 21, 2008
and the well is currently producing approximately 2,000 barrels of 42 API oil
per day from the XIIb zone. This zone has 20 feet of net oil pay and has
produced more than 490,000 barrels of oil to date.


All interconnecting pipelines to tie the UMU-5 well into the Umusadege field
production and export facilities have been completed and the partners plan to
commence commercial production from the UMU-5 well immediately following
analysis of the crude oil samples and receipt of all requisite approvals, which
are currently anticipated by the end of March 2009.


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 from the Umu-5 well and the ability of the Company to
commercially produce the well. By its very nature, such forward-looking
information requires the Company 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 UMU-5 well will be commercially producible or that the future production
levels therefrom will be at the tested production rates. If commercial
production is achieved, there is no assurance it will be achieved within the
express or implied timeframes set forth herein. 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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