Mart Resources, Inc.: UMU-11 Well Update- Initial Flow Test Results

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 announce initial flow
rate test results for the UMU-11 well.


UMU-11 Initial Well Test Results

The UMU-11 well encountered 294 feet of gross oil pay in 13 sands. The well was
intentionally drilled to a shallower depth than UMU-9 and UMU-10, therefore did
not encounter the deeper sands from previous wells. The sands selected for
completion in the UMU-11 well were the IX, XIIb, and XIIIb sands, with combined
gross oil pay of 84 feet. Using dual tubing string technology, two of these
zones can be produced separately and simultaneously. The cleanup and extended
flow tests have been completed on the XIIb and XIIIb sands, with the IX sand
still to be tested.


The testing of the XIIb sand yielded a stabilized rate of 3,650 bopd at 41
degree API crude oil on a 28/64 inch choke setting and flowing tubing head
pressure of 500 psig. Basic sediment and water ("BS&W") was 0.4%.


During the test of the XIIIb sand, the well flowed 43.0 degree API crude oil at
a stabilized rate of 1,520 bopd on a 32/64 inch choke setting and flowing tubing
head pressure of 260 psig and BS&W of 0.4%.


One UMU-11 well test remains, being the individual testing of the IX sand. All
sands have been initially tested on restricted choke setting during cleanup.
Following the cleanup operations, each sand will undergo multirate flow testing
on various choke sizes.


Wade Cherwayko, CEO of Mart Resources, stated: "The initial flow rates from
UMU-11 are some of the best we have had to date, in particular from the XIIb
sand. This establishes the capability of the field to deliver additional
production when the pipeline constraints are removed."


Further updates will be provided once testing has been completed and results are
available.


Mart Presenting at Africa Oil Week Conference in Cape Town

Wade Cherwayko, Chairman and CEO of Mart, will be a presenter at the Africa Oil
Week Conference in Cape Town, South Africa on November 25-29, 2013. Links
containing the locations and details of the conferences are available on Mart's
website under Investor Centre / Events Calendar - www.martresources.com.


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.


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 Company will be able to
successfully test the UMU-11 well or commercially produce, transport or sell oil
from the UMU-11 well (or any one or more of the sands identified by the UMU-11
well). There is no assurance that pipeline and export facility losses will not
continue in the future. Such losses could be material. Statements (express or
implied) regarding the ability of the Company to successfully complete, test and
commercially produce, transport and sell oil from the UMU-11 well (or any one or
more of the hydrocarbon sands identified by the UMU-11 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 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
sam.grier@martresources.com
www.martresources.com
Mart Resources (TSXV:MMT)
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