Mart Resources Inc.: UMU-6 Well Tests at a Combined Rate of 14,319 Barrels Oil Per Day

CALGARY, ALBERTA--(Marketwire - Dec. 17, 2010) - Mart Resources, Inc. (TSX VENTURE:MMT - News; "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 report final test results from the four production tests completed on the UMU-6 well located in the Umusadege field in Nigeria.The UMU-6 well flowed at a stabilized combined cumulative rate of 14,319 barrels of oil per day ("bopd") from the four sands tested on choke sizes ranging between 22/64 to 32/64 inches. The API gravity ranged from 40 to 42.5 degrees with flowing tubing pressures between 410 and 610 PSI. Water production ranged between 0.1% to 1.3% and the gas/oil ratio ranged from 51 to 122 standard cubic feet per barrel.The first and second tests flowed at stabilized rates of 3,102 bopd (from the XVII sand) and 3,433 bopd (from the XVI (b) sand) as previously announced.The third test was conducted on the XIII (b) sand, a 23 foot oil zone, which flowed at stabilized rates of 4,179 bopd of 41.0 API gravity oil through 3 1/2 inch tubing on a 32/64 inch choke at a flowing tubing pressure of 542 PSI. Water production averaged 1.3% and the gas/oil ratio was approximately 122 standard cubic feet per barrel.The fourth test was conducted on the XIII (a) sand, an 18 foot oil zone, which flowed at stabilized rates of 3,605 bopd of 40.0 API gravity oil through 2 7/8 inch tubing on a 32/64 inch choke at a flowing tubing pressure of 410 PSI. Water production averaged 0.1% and the gas/oil ratio was approximately 105 standard cubic feet per barrel.These four sands tested have not previously been assigned reserves in the Company's most recent NI 51-101 reserve report. The Company's independent engineers have commenced updating the Umusadege reserves estimates. Their report will incorporate the results from the four sands tested (the XVII, XVI (b), XIII (b) and XIII (a) sands) and will also include review of the preliminary findings on the XIV and XV sands which were also identified as hydrocarbon bearing in the UMU-6 well.