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

- 3,650 barrels of oil per day ("bopd") stabilized flow rate achieved during cleanup from the XIIb sand. - 1,520 bopd stabilized flow rate achieved during cleanup operations from the XIIIb sand. - One more test remains to be done on the IX sand that has been perforated and completed in the UMU-11 well.

 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.

CEPSA to Acquire Coastal Energy Company for C$19.00 Per Share

Delivers Significant and Immediate Value to Coastal Energy Shareholders

Coastal Energy Company ("Coastal" or the "Company") (CEN.TO) (CEO.L) announced today that it has entered into a definitive merger agreement providing for the acquisition by Companyia Espanyola de Petroleos, S.A.U. ("CEPSA") of all of the issued and outstanding shares of Coastal at a price of C$19.00 per common share in cash. The purchase price represents a premium of 28% to the closing price of the Company's common shares on the TSX on November 18, 2013. The purchaser is a newly-incorporated CEPSA controlled entity in which Strategic Resources (Global) Limited ("SRG") is an investor. The proposed transaction has an aggregate value of approximately C$2.3 billion including the assumption of C$51 million of net debt. The transaction, which will be completed by way of statutory merger, is expected to close in the first quarter of 2014.

Discovery of a Conventional Natural Gas Reservoir in the Lower St. Lawrence Area

Petrolympic Ltd. ("Petrolympic" or the "Company") (TSX VENTURE:PCQ) is pleased to announce the discovery of a conventional reservoir of natural gas on its joint venture property in the Lower St. Lawrence area (the "Property") located in the Appalachian Basin of Quebec, which was announced by the Operator, Ressources & Energie Squatex Inc., ("Squatex") in its press release dated November 15, 2013 (see www.sedar.com). The Company holds an interest in 217,370 hectares (536,941 acres) of the Property through a joint venture with Squatex.

Africa Hydrocarbons Announces Initiation of the Completion Operation for BHN-1 Well in Tunisia

Africa Hydrocarbons Inc. (TSX VENTURE:NFK) ("AHI" or the "Company") today issued the following news and operational update regarding its BHN-1 exploration well on the Bouhajla Permit in northeastern Tunisia where the Company has a 47.5% working interest.

Preparations at the BHN-1 well site are now finished to allow for continuation of the completion and testing program expected to begin within a week. Completion equipment is now being mobilized. The completion program has been expanded to include one additional interpreted fracture interval. Two six meter intervals and one three meter interval over interpreted fracture zones within the logged Abiod reservoir section will be perforated for possible flow and testing analysis.