Montello Resources Ltd.
TSX VENTURE : MEO

Montello Resources Ltd.

July 09, 2007 13:07 ET

Montello Resources Ltd. Approves Appointment of Drilling Advisor-Manager at Montello Resources USA Ltd. for Morgan Highpoint Project

CALGARY, ALBERTA--(Marketwire - July 9, 2007) - Montello Resources Ltd. ("the Company") (TSX VENTURE:MEO) is pleased to confirm the formal appointment of Mr. Phil Emrich as Drilling Advisor and Drilling Manager to Montello Resources USA Ltd. for the kick off of the Morgan Highpoint Project. He and Dwayne Tyrkalo have successfully completed inspection of a 10,000 foot capable Triple Drilling Rig from Nabors Drilling in Ft. Smith Arkansas and plan to finalize contract terms and logistics for an imminent Mobilization to the well-site. The goal is to try and coincide this with a successful drilling permit for the Morgan Highpoint #1 Well which is programmed to be a twinning of a previous well but this time going to the basement (granite).

This past winter of 2006 and spring of 2007, Mr. Emrich was the Drilling Supervisor on 3 wells drilled in the Foothills as well as two Kaybob wells west of Fox Creek, Alberta. Varying depths on these 5 wells was anywhere from 2500 metres to 4000 metres total depth. Phil operates his personal company, Bilsar Oilfield Consulting. He has spent many years with Nabors Drilling in the Canadian Foothills (N.W. Alberta) as well as overseas in West Africa and until last winter, he spent four years in the Middle East specializing in down-hole fishing, whipstocks, and remedial work in the United Arab Emirates.

From September 2006 to March of 2007, he was Drilling Supervisor for ConocoPhillips Canada Foothill & Mountain Division; while from June 2003 to September 2006 he was with Smith Services in Abu Dhabi. Phil also spent a number of years with Tesco Drilling Technology (July 1996 - June 2003). His duties included in no particular order: starting up the Algeria Office and project in Hassi Massoud with local company "Sonatrac", 2 years as a Regional Manager for Europe, the Middle East, and Africa, 4 years as an "Offshore" Top Drive Supervisor, and finally 1 year as Operations Superintendent (Electric Top Drive Division). From 1984 to July 1996 he worked with Nabors Drilling Ltd. Canada and Nabors Drilling Intl. While with Nabors Drilling Intl. from April 1992 - July 1996, 3 years as Rig Manager (Tool Pusher) and 6 months Driller, he worked on a Multiple Well, long reach horizontal project for Shell and Elf in Gabon, West Africa. His drilling experience in Canada was with directional or horizontal wells drilling mostly deep, high pressure, sour gas wells in the Canadian Foothills on projects for Shell and Petro-Canada.

The Company is pleased to have a professional of this calibre join Dwayne Tyrkalo at Montello Resources USA Ltd., our wholly owned operating subsidiary. Bill Cawker and Patrick Power, President of Austin Developments (TSX VENTURE:AUL), are meeting Messrs Tyrkalo and Emrich this week in Knoxville. The Company is in the process of finalizing drilling contracts, putting credit facilities in place for various service providers, and making arrangements for multi loads of equipment needing to be hauled (mobilized) across many states to the well-site. We thank our shareholders for their patience in the extended pre-drill period which is now coming to a close.

ON BEHALF OF THE BOARD OF DIRECTORS

Bill Cawker President - CEO and Chairman

Montello Resources (TSX VENTURE:MEO) trades on the TSX Venture Exchange. For further information including 3rd party links, past financials, news releases, photos, etc., please review our web-site at www.montello.com. Interested parties please contact Larry Myles lmyles@montello.com (604) 408-7600 if you wish to be on our mailing list.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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