Mart Resources, Inc.: Umugini Pipeline Construction Status Update

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 providing the following update on
the Umugini pipeline project. 


Umugini Pipeline and Trans Forcados Export Pipeline

Construction of the Umugini pipeline is progressing from the location near the
Umusadege field. Clearing of the right of way, stringing, welding and field
joint coating of the pipeline has been completed on approximately 17 kilometers
of the 51 kilometer pipeline. The pipeline has two segments. The first segment
is from the Umusadege field south to the Ogini flow station on OML 26. This
section is 22 kilometers in length and is where the 17 kilometers of pipeline
construction has been completed. The second segment is from the Ogini flow
station east to the Eriemu flow station. This section of the pipeline is being
constructed along an existing right of way and will be twinning the existing
pipeline currently operating between the Ogini flow station and the Eriemu flow
station. Construction of the Umugini pipeline by Mart and its co-venturers is
proceeding in accordance with plans to provide a second independent export
pipeline for Umusadege field production. The pipeline contractor will soon begin
working from a second location near the midpoint between Umusadege and the Trans
Forcados export pipeline. The Umugini pipeline's gross transportation capacity
will be approximately 45,000 barrels per day and it will connect the Umusadege
field to the Trans Forcados export pipeline. The Trans Forcados export pipeline
will deliver crude oil from Umusadege field to the Forcados export terminal
operated by Shell. Negotiations regarding the crude handling agreement with the
export pipeline and terminal operators are nearing completion.


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.


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. 


There is no assurance that construction and completion of the Umugini Pipeline
referenced herein will be completed within the timeframes indicated or at all or
that Mart and its Co-venturers will be able to enter into an acceptable crude
oil handling agreement. There is no assurance that the production capacity of
the Umugini Pipeline will be adequate for future levels of Umusadege field oil
production. Any new export pipeline will face risks generally associated with
pipeline operations in Nigeria including the risk of pipeline disruption and
line losses. 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 no 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.


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 no 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.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE RELEASE.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mart Resources, Inc. - London, England
Wade Cherwayko
+44 207 351 7937
Wade@martresources.com


Mart Resources, Inc. - London, England
Dmitri Tsvetkov
+44 207 351 7937
dmitri.tsvetkov@martresources.com


Mart Resources, Inc. - Canada
Sam Grier
403-270-1841 or Toll Free: 1-888-875-7485
www.martresources.com
Mart Resources (TSXV:MMT)
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