Mart Resources, Inc.: Operations and Production 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 updates on
Umusadege field production for December 2013 and other operations.


December 2013 Production Update

Umusadege field production during December 2013 averaged 5,049 bopd. Umusadege
field downtime during December 2013 was approximately 18.0 days due mainly to
maintenance and repairs on the export pipeline performed by the pipeline
operator, Nigerian Agip Oil Company Limited ("NAOC"). The average field
production based on producing days was 12,185 bopd in December 2013.


Total net crude oil deliveries into the export pipeline from the Umusadege field
for December 2013 were approximately 145,800 bbls before pipeline losses.
Pipeline and export facility losses reported by NAOC and allocated to Mart and
its co-venturers for November 2013 were 80,563 bbls, or 28.1% of total crude oil
deliveries into the export pipeline. December 2013 pipeline and export facility
losses have not yet been reported by NAOC. Pipeline and export facility losses
have averaged 25.6% for the first eleven months of 2013. 


As previously announced, NAOC has been unable or unwilling to provide the
marginal field companies that produce through the Umusadege export facility
("Cluster Group") with an explanation for the basis for the pipeline and export
facility losses or for the reasons for the fluctuations in allocated pipeline
losses. The Cluster Group disputed the allocation of the losses and requested
the formal involvement of the Department of Petroleum Resources ("DPR"). As a
result of a meeting in November 2013 that included the DPR, NAOC and
representatives from the Cluster Group, a committee including all involved and
affected parties has been set up. Suspension of the allocation of pipeline and
export facility losses to the Cluster Group has been imposed until the pipeline
loss allocation issues are resolved, and it is expected that the suspension of
allocation of losses in reports provided by NAOC will begin for December 2013.


December 2013 Production Disruptions

Mart was informed of maintenance being performed on its export pipeline, causing
the pipeline operator to temporarily close the pipeline on December 6, 2013. As
a consequence, all Umusadege field production shipped through the NAOC export
pipeline was shut in from December 6, 2013 until December 24, 2013 while NAOC
completed maintenance operations. Shipment of production from the Umusadege
field through the NAOC pipeline resumed on December 24, 2013.


Umugini Pipeline Update

Negotiations have concluded with the local communities for right of way for the
last five kilometres of the first section of the Umugini pipeline. The pipeline
contractor re-mobilized and restarted construction operations in December 2013.
Major road crossing boring has been completed on the remaining five kilometres,
and it is expected that pipeline construction will be completed in the first
half of 2014.


UMU-10 Well Test Update

Initial flow testing of the XIX sand for the UMU-10 well has resulted in a flow
rate of 2,760 bopd of 48.6 API oil on a 24/64 inch choke setting with a flowing
tubing head pressure of 1,250 psi and basic sediment and water of 0%. Extended
testing operations on the XIX, XXb, and XXI sands completed in the long string
are ongoing.


Mart Presenting at Africa Oil & Gas Summit 2014 in London, England

Dmitri Tsvetkov, CFO of Mart, will be a presenter at the Africa Oil & Gas Summit
in London, England on January 27 and 28, 2014. 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 there will not be future disruptions
of the NAOC pipeline or that future repairs will not be required. Any future
disruptions will materially and adversely affect the ability of the Company to
transport, deliver and sell its crude oil production from the Umusadege field.
Statements (express or implied) concerning the allocation of export and pipeline
capacity to the Umusadege field from their third party pipeline owners, should
also be viewed as forward looking statements. Pipeline and export facilities
losses are expected to continue in the future and such losses could be material.
There is no assurance that there will not be adjustments to previously reported
pipeline losses. There is no assurance that pipeline and export facility losses
will not continue in the future. Such losses could be material.


Additionally, there is no assurance that the Company will be able to
successfully test the UMU-10 well or commercially produce, transport or sell oil
from the UMU-10 well (or any one or more of the sands identified by the UMU-10
well). Statements (express or implied) regarding the ability of the Company to
successfully complete, test and commercially produce, transport and sell oil
from the UMU-10 well (or any one or more of the hydrocarbon sands identified by
the UMU-10 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 office
Wade Cherwayko
[phone]
[e-mail]


Mart Resources, Inc. - London, England office
Dmitri Tsvetkov
[phone]
[e-mail]


Mart Resources, Inc. - Canada
Sam Grier
403-270-1841
[e-mail]
www.martresources.com