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 is planned to spud in the third slot of the UMU-9 drilling pad.
As previously announced, there were problems cleaning out the 20-inch conductor.
Retrieval and milling operations were attempted to utilize this drill slot, but
were unsuccessful. 


The rig was skidded forward to a new slot on the drilling pad. After pounding
the 20-inch conductor to approximately 400 feet an attempt was made to clean out
the conductor with a drill bit, but an obstruction was encountered. It was
discovered that the casing parted during the pile driving operations. The rig
has now been skidded ahead again, and delivery of new 20-inch conductor pipe is
expected in the next few days. Once the new conductor pipe is on site, it will
be pile driven to a depth of approximately 400 to 500 feet, cleaned out, and
drilling operations are expected to commence in early August.


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.


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. 


In particular, there is no assurance that the UMU-11 well will be spudded by the
date forecast. There is also no assurance that the drilling of UMU-11 will meet
the objectives as stated above.


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

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