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 activities
have commenced at the UMU-7 well.


The UMU-7 well commenced drilling operations on February 7th, 2011and is
currently drilling ahead at 1300 feet. It is anticipated that the UMU-7 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-7
well's primary objectives are the previously identified VIII sand and the new
X11c, XIV and XV sands that were discovered by UMU-6 well in December 2010.


The UMU-7 well is being drilled from the same three-slot drilling pad as the
recently drilled and completed UMU-6 well. It is estimated that the drilling
phase will take 40 to 50 days. The third slot on the pad will be used to drill
the UMU-8 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 phase of the
UMU-7 well, the future results or success of drilling operations, the ability of
the Company to successfully complete and commercially produce, transport and
sell oil from the Umusadege field, the ability of the Company to successfully
drill other wells on the Umusadege field and the ability of the Company to fund
future drilling operations should all 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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