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 Company Limited are pleased to provide an operational
update on the Umusadege field, onshore Nigeria.


UMU-8 Well Update

Extended testing on the UMU-8 well was conducted on the XIIb sand, a 26 foot oil
zone, which flowed at a stabilized rate of 2,316 barrels oil per day ("bopd") of
40 API gravity oil through 3 1/2 inch tubing on a 32/64 inch choke at a flowing
tubing pressure of 120 psi. Basic sediment and water ("BS&W") was 0%. The
combined test rate from zones XIIa, XIIb and XV in the UMU-8 well is 7,661 bopd.


Well testing on zones IX and XI sands completed in the 2 3/8 inch tubing did not
flow oil to the surface during initial testing. Production logging will be
performed to identify the possible problems that caused this result, which may
include a bad cement bond on the casing, leaks in the completion packers, or
near well-bore formation damage caused by drilling mud. 


September 2011 Production Update

Crude oil deliveries into the export pipeline from the Umusadege field through
the month of September 2011 averaged 7,076 bopd. Aggregate Umusadege field
downtime over this period was approximately 2.38 days due primarily to shutdown
of third party export pipelines. 


Negotiations with the operator of the export pipeline to increase capacity are
ongoing.


The UMU-9 well drilling location has been completed and the Company is preparing
to move the NRG 201 rig to the site. Flow lines from the UMU-9 well head
location to the manifold are nearing completion. It is anticipated that the rig
will commence mobilization by mid-October.


Additional information regarding Mart is available on the Company's website at
www.martresources.com and under the Company's profile on SEDAR at www.sedar.com.


Note: 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 total gross
production before taxes and royalties from the Umusadege field fluctuates
between 82.5% (before capital cost recovery) and 50% (after capital cost
recovery).


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 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
interpretation 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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