Mart Updates Expected Spud Date of UMU-11 Well; Correction of Previously Announced Dividend Ex-Dividend Date

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 update on
Umusadege drilling operations.


UMU-11 Well Update

The UMU-11 well was originally planned to spud in the third slot of the UMU-9
drilling pad. When trying to clean out the 20-inch conductor that was previously
pile driven to a depth of approximately 300 feet, the UMU-11 well encountered an
obstruction at a depth of approximately 275 feet. Retrieval and milling
operations were attempted to utilize this drill slot, but were unsuccessful. It
is believed that the 20-inch conductor is bent or kinked, which caused an
obstruction. The rig will now be skidded forward to a new slot utilizing the
existing drilling pad.


The main objectives for the UMU-11 well are proven oil reservoirs encountered,
but not completed, in the UMU-9 and UMU-10 wells. These sands were previously
logged and sampled. The UMU-11 well's objective is to test four of these
oil-bearing sands, and if successful, complete these sands for production.


Correction of Previously Announced Ex-Dividend Date

Mart also announces a correction to the dates associated with the June 26, 2013
declaration of a quarterly dividend of $0.05 per common share. The dividend is
payable on July 18, 2013 to shareholders of record at the close of business on
July 10, 2013, and the correct ex-dividend date is July 8, 2013.


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 barrels of oil per day ("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, past production levels and crude oil deliveries are not
necessarily indicative of future production levels and crude oil deliveries. 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 the UMU-11 well will be successfully drilled. 


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.


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 office
Wade Cherwayko
+44 207 351 7937
Wade@martresources.com


Mart Resources, Inc.- London, England office
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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