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 provide an update on status of the
UMU-8 well in the Umusadege field and a production update for the month of July.


UMU-8 Well Update

Perforating and installation of completion equipment consisting of a dual tubing
string (3 1/2 inch and 2 7/8 inch) configuration has been completed. The 3 1/2
inch tubing was completed with the XV, XIIa and XIIb sands and the 2 7/8 inch
tubing with the XI and IX sands. Initial well flow to clean out completion fluid
on all five sands has been completed. Multi-rate testing has commenced and will
be done on all five sands completed.


July Production Update

Crude oil deliveries into the export pipeline from the Umusadege field for the
month of July 2011 averaged 6,490 bopd. Aggregate Umusadege field downtime for
the month of July 2011 was approximately 7.2 days due primarily as a result of
injection restrictions due to pipeline space constraints and vandalism to the
third party export pipeline. 


The previously announced negotiations with the operator of the export pipeline
to increase export capacity for the Umusadege field have not yet been finalized.
Mart and its co-venturers are also continuing to evaluate new pipeline and
export options to provide a transportation alternative for future Umusadege
field production.


Additional information regarding Mart Resources, Inc. is available on the
company's website at www.martresources.com.


INVESTOR RELATIONS:

Investors are also welcome to contact one of the following investor relation's
specialists for all corporate updates and investor inquiries:




FronTier Consulting Ltd.                                 
                                                         
Mart toll free # 1-888-875-7485                          
Attn:  Sam Grier                                         
       Caleb Gilani                                      
                                                         
Email: inquiries@martresources.com                       



Except where expressly stated otherwise, all production figures set out in this
press release, including bopd, reflect gross Umusadege field production rather
than production attributable to Mart. Mart's share of petroleum production
varies from time to time depending upon whether Mart is in a cost recovery
period or a post-cost recovery period. Mart moves in and out of cost recovery
periods depending upon the level of activity underway at any given time. During
a cost recovery period, Mart is restricted to a maximum of 82.5% of production
revenues and, once Mart has recovered all of its capital costs, all production
revenues remaining after deduction of royalties, income taxes, community
development contributions, operating costs and abandonment obligations are
shared 50% to Mart and 50% to its co-venturers. 


Forward Looking Statements and Risks

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 (express or implied) concerning the timing or success
of completion operations on the UMU-8 well and the ability of the Company to
successfully complete, test and commercially produce, transport and sell oil
from the UMU-8 well (or any one or more of the hydrocarbon sands identified by
the UMU-8 well), should all be viewed as forward-looking statements. The well
log interpretations indicating hydrocarbon bearing sands are not necessarily
indicative of future production. 


In addition, statements (express or implied) concerning the allocation of export
and pipeline capacity to the Umusadege field from the third party pipeline
owners, should be viewed as forward looking statements. There is no assurance
that additional pipeline export volumes will be made available to the Umusadege
field. 


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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