Montello Resources Ltd.
TSX VENTURE : MEO

Montello Resources Ltd.

June 09, 2005 18:03 ET

Montello to Participate in Deep Gas Test Well

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 9, 2005) - Montello Resources Ltd. (TSX VENTURE:MEO) ("Montello") announces that it has entered into a joint venture with Arapahoe Energy Corporation on land located on the Tsuu T'ina First Nation (Sarcee Indian Reserve) immediately west of the City of Calgary, Alberta. Montello has a 5% participating interest and it is anticipated that drilling operations will commence on or before June 21, 2005 for the C1 et al Sarcee 12-13-23-4 W5M (the "12-13 Mississippian Test Well").

The 12-13 Mississippian Test Well will be drilled to an approximated depth of 3,300 meters subsurface. The primary objective is natural gas from the Mississippian - Rundle formation. Operations through drilling and casing of the 12-13 Mississippian Test Well will take between 75 days and 90 days from spud.

For further information on any of our projects please feel free to contact the Company at 604-689-1799 or visit our web site at www.montello.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF MONTELLO RESOURCES LTD.

Patrick Power, President

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

Contact Information

  • Montello Resources Ltd.
    Patrick Power
    President
    (604) 689-1799
    (604) 689-8199 (FAX)
    www.montello.com