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 January 2014 and other operations.


January 2014 Production Update

Umusadege field production during January 2014 averaged 11,563 bopd. Umusadege
field downtime during January 2014 was approximately four days due to minor
operational interruptions, with no full down days during the month. The average
field production based on producing days was 13,151 bopd in January 2014.


Total net crude oil deliveries into the export pipeline from the Umusadege field
for January 2014 were approximately 343,800 bbls before pipeline losses.
Pipeline and export facility losses reported by Nigerian Agip Oil Company
Limited ("NAOC") and allocated to Mart and its co-venturers for December 2013
were 38,887 bbls, or 26.7% of total crude oil deliveries into the export
pipeline for that month. January 2014 pipeline and export facility losses have
not yet been reported by NAOC. Pipeline and export facility losses averaged
25.6% in 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"). A
committee including representatives of the DPR, NAOC and the Cluster Group has
been established to provide recommendations within four months in respect of the
pipeline and export facilities losses. The DPR previously imposed a suspension
of the allocation of pipeline and export facility losses to the Cluster Group
until the pipeline loss allocation issues are resolved, and the enforcement of
the suspension of allocation of losses in reports provided by NAOC is a matter
to be addressed by the DPR. NAOC allocated losses for December deliveries
despite the suspension and Mart is unsure as to whether NOAC will suspend loss
allocations in subsequent months.


Umugini Pipeline Update

Clearing of the right of way for the last five kilometres of the first section
of the Umugini pipeline has been completed and pipeline construction is ongoing.
Clearing of the right of way for the second section of the Umugini pipeline has
commenced, with approximately 2.5 kilometers completed. Pipe is being loaded and
transported to the second section location in preparation for the start of
construction. Negotiations with local communities and the Nigerian Petroleum
Development Company along the second section of the Umugini pipeline are
progressing and ongoing. Other equipment and materials needed to complete
construction of the pipeline have arrived in Nigeria or are currently being
shipped, and the group managing construction of the Umugini pipeline continue to
estimate that pipeline construction will be completed in the first half of 2014.
Pipeline commissioning will occur following completion of pipeline construction.


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. In addition,
there is no assurance regarding that the completion of the Umugini pipeline will
be completed in the first half of 2014 or that all agreements or approvals
required to commission, operate or transport oil through the Umugini pipeline
will be received in a timely fashion or at all.


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