Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its
partners, Midwestern Oil & Gas Company PLC (Operator) and Suntrust Oil Company
Nigeria Limited are pleased to announce the commencement of production from the
UMU-5 well in the Umusadege field, onshore Nigeria.


Oil production has commenced at the Umu-5 well from the IX zone pursuant to an
authorized phased production test. The well is flowing at an initial rate of
1,590 barrels of oil per day on a 20/64 choke. The well will be flowed through
progressively increasing choke sizes as part of the test program in order to
establish the maximum efficient rate for the well. As previously announced, the
IX zone previously flowed at a rate of 3,200 barrels of oil per day on a 32/64
inch choke during the initial test.


As a result of bringing the UMU-5 well on stream, total production from the
Umusadege field, including the UMU-1 well, is currently 3,500 barrels of oil per
day.


The UMU-5 well was drilled to a total depth of 7,770 feet and encountered eight
(8) oil-bearing sandstone reservoir zones between depths of 6,680 feet and 7,710
feet, with a combined net pay thickness of approximately 175 feet. The well has
been completed for production from two zones using a single-string dual
completion and tied back to the Umusadege production facilities located
approximately 500 feet away.


Mart and its partners are also pleased to announce completion of the first phase
of the program to reduce ongoing operating costs at the Umusadege field.
Produced water from the field is now being treated and disposed of on-site
rather than being trucked to an off-site treatment facility. In addition, the
partners have acquired a dedicated oil-water-gas separator system that is now in
the field and tie-in of this new facility is underway. This system is
anticipated to replace the current rented system by the end of April and is
expected to lead to a further reduction in operating costs.


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. Mart has acquired interests in and begun development of
three onshore Nigerian oil fields.


Certain statements in this Press 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 press release include but
are not limited to references, whether express or implied, to future production
levels based upon levels of current production and to cost reductions resulting
from the installation and commissioning of additional facilities. Historic
production levels and cash flows are not necessarily indicative of future
production levels or cash flows. This forward-looking information is subject to
known and unknown risks and uncertainties and other factors, which may cause
actual results, levels and timing of activity and achievements to differ
materially from those expressed or implied by such information.


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