SOURCE: American Resource Technologies, Inc.

July 09, 2008 11:38 ET

American Resource Technologies, Inc. Announces Drilling of Linn 1-08

LEWISVILLE, TX--(Marketwire - July 9, 2008) - American Resource Technologies, Inc. (PINKSHEETS: ARUR) has been informed by the operator that they have reached total depth on the Linn 1-08 located in Montgomery County, Kansas. During drilling they encountered several gas zones with significant pressure and several promising oil zones. The well was drilled to the target Arbuckle formation, and production casing was set and cemented. The operator is currently evaluating the data to determine the best completion techniques and procedures for this well.

About American Resource Technologies, Inc.

The company is based in Lewisville, Texas. Additional information about the Company is available at www.arur.us

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Where this statement includes "forward-looking" statements within the meaning of Section 27A of the Securities Act, the Company desires to take advantage of the "safe harbor" provisions thereof. Therefore, the Company is including this statement for the express purpose of availing itself of the protections of such safe harbor provisions with respect to all of such forward-looking statements. The forward-looking statements in this announcement reflect the Company's current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ from those anticipated. In this announcement, the words "anticipates," "believes," "expects," "intends," "future" and similar expressions identify forward-looking statements. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that may arise after the date hereof. All subsequent written and oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by this statement.

Contact Information

  • Contact:
    M. H. McIlvain
    972 219-8585