SOURCE: Hiko Bell Mining and Oil Company

June 09, 2006 14:52 ET

Hiko Bell Mining & Oil Company

VERNAL, UT -- (MARKET WIRE) -- June 9, 2006 -- Every now and then something good starts to happen to people with new ideas who never give up. Hiko Bell Mining and Oil Company (PINKSHEETS: HIKO) is coming out into the sunshine and is better than ever. Hallelujah! Through good luck and great teamwork, we have been able to acquire new and potentially amazing oil and gas leases in the great State of Nevada.

Hiko Bell Mining & Oil Company recently acquired new Federal 10-year oil and gas leases covering in excess of 42,000 acres with 100% Working Interest. The leases are located in the Eastern Great Basin of Nevada trend along the Thrust Belt-Hingeline. Major thrust faults, mapped by the U.S. Geological Survey, indicate the new leases to be favorably located. The U.S.G.S. fact sheet of May 2005 has estimated an average of 1.6 billion barrels of undiscovered oil and a mean of 1.8 trillion cubic feet of natural gas in Eastern Great Basin.

Plans are underway at the present time to evaluate these new assets through further geological research and extensive planning by the company's research team: Geologist Robert E. Covington, Landman Robert Wilpitz, as well as other associated partners.

Looking to the future of our company, we believe through our efforts we can help the oil and gas crisis that the United States of America faces today. Hallelujah!

In God we trust,

Craig Caldwell

President & CEO

P.S. We thank our many stockholders and friends for their loyal support. May we continue to go forward together.

Contact Information

  • Craig Caldwell
    Hiko Bell Mining