Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its
co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege
field) and Suntrust Oil Ltd are pleased to announce that drilling operations
commenced today on the UMU-6 well in the Umusadege field. 


The UMU-6 well is scheduled to be drilled as a vertical well to a depth of
approximately 9,000 feet. It is anticipated that the UMU-6 well will be
completed as a dual tubing string configuration allowing for the potential of
multiple zones to be produced from the same well bore. The UMU-6 well's primary
objectives are the XIII, XIV, XV and XVI sands that were identified by well logs
in previous wells but which have not previously been production tested or
produced. The UMU-6 well is located adjacent to the UMU-5 and UMU-1 wells. 


At the UMU-6 site, a drilling pad has been constructed that will allow for three
wells to be drilled from the same surface location. Conductor pipes have been
pile driven to 300 feet and casing starter-heads have been installed for the
UMU-6 well as well as two potential future wells, UMU-7 and UMU-8. The use of
this drilling pad will enable efficient and more cost-effective rig moves
following completion of each well.


ABOUT MART RESOURCES:

Mart is an independent, international petroleum company focused on drilling,
developing and producing oil and gas from low-risk proven petroleum properties
in Nigeria, West Africa. The Company is currently producing and developing the
Umusadege field along with Midwestern Oil and Gas Co. Plc (the Operator of the
field) and SunTrust Oil Ltd. Mart also owns two land drilling rigs, has strong
local relationships and experience and is evaluating additional proven
undeveloped opportunities in Nigeria.


Forward Looking Statements

Certain statements contained in this press release constitute "forward-looking
statements" as such term is used in applicable Canadian and US securities laws.
Any statements that express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or future
events or are not statements of historical fact and should be viewed as
"forward-looking statements". These statements relate to analyses and other
information that are based upon forecasts of future results, estimates of
amounts not yet determinable and assumptions of management. Such forward looking
statements involve known and unknown 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. 


In particular, statements concerning the timing of the drilling of the UMU-6
well, the future success of such well, the ability of the Company to
successfully complete and commercially produce, transport and sell oil from such
well and the ability to of the Company to fund future drilling operations
(including the drilling of the Umu-6 well) should be viewed as forward-looking
statements. 


There can be no assurance that such forward-looking statements will prove to be
accurate as actual results and future events could vary or differ materially
from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements contained in this news release. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Company undertakes no
obligation to update forward-looking statements and if these beliefs, estimates
and opinions or other circumstances should change, except as required by
applicable law.


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