MMT Mart Resources

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 the following
update on the UMU-9 well.


The UMU-9 well commenced drilling operations on November 18, 2011 and is
currently at a depth of approximately 8,311 feet, concluding the intermediate
vertical section of the well. Open-hole wireline logs have been run with results
indicating a total of 11 hydrocarbon-bearing sands. The well logs indicate a
cumulative gross oil pay of approximately 260 feet in the 11 sands encountered
by the well to date.


The next phase of operations will include conducting pressure surveys on
prospective zones and acquiring fluid samples. Well operations will then
continue with running 9 5/8 inch casing in the open hole. The bottom hole
deviated section of the well will then be drilled with an 8 1/2 inch hole to
total measured depth of approximately 11,000 feet to explore the deeper untested
targets (including the C0 sand) while running a measurement while drilling
("MWD") tool followed by a logging while drilling ("LWD") tool to evaluate the
potential hydrocarbon bearing sands.


CHAIRMAN'S COMMENT:

Wade Cherwayko, Chairman & CEO of Mart Resources, Inc., said "We are very
encouraged with the initial open hole well log results in the UMU-9 well. These
initial results indicate the potential extension of numerous shallow reservoirs
discovered in previously drilled Umusadege wells and demonstrate the upside of
the Umusadege field."


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.


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

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, there is no assurance that the drilling program for the UMU-9
well will be successful or will successfully appraise the extensions of the
shallower reservoirs as contemplated, or successfully deviate the deeper
untested targets. Statements (express or implied) regarding the ability of the
Company to successfully complete, test and commercially produce, transport and
sell oil from the UMU-9 well (or any one or more of the hydrocarbon sands
identified by the UMU-9 well), should all be viewed as forward-looking
statements. The well log interpretations indicating hydrocarbon bearing sands
are not necessarily indicative of future production. There is no assurance that
reserves will be assigned to such hydrocarbon bearing sands. 


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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