Welcome To The Montello Resources HUB On AGORACOM

Investor Inquiries: 604-649-0080

Free
Message: Who are partner in #5 ?

Apr 02, 2008 07:11AM

 

CALGARY, ALBERTA--(Marketwire - March 10, 2008) - Montello Resources Ltd. (TSX VENTURE:MEO) announces that the participating interests in the Morgan Highpoint # 3 and # 4 Test Wells are as follows: Montello, as Operator, is paying 15% of all costs associated with both the Morgan Highpoint # 3 and # 4 Test Wells to earn a 35% interest in the associated production spacing units. Austin Developments Corp. (TSX VENTURE:AUL) is paying 20% of the costs to earn a 30% interest, Blackrock Petroleum Corp. (OTCBB:BRPC) is paying 60% of the costs to earn a 30% interest and Park Place Energy Corp. (OTCBB:PRPL) is paying 5% of the costs to earn a 5% interest.

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20080310&archive=ccnm&slug=447539_1

CALGARY, ALBERTA--(Marketwire - April 2, 2008) - Montello Resources Ltd. (TSX VENTURE:MEO) ("Montello") as Operator of the Morgan Highpoint Project is pleased to announce that the Company has begun preparations to drill the Morgan Highpoint # 5 Test Well.

The Morgan Highpoint # 5 Test Well is to be drilled on a parcel of land recently acquired as part of the Morgan Highpoint Project and is strategically located between the Morgan Highpoint # 3 Discovery Well and the Howard White # 1 Well.

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20080402&archive=ccnm&slug=452579_1

#3 & #4 were drilled on a leased land, isn't it ?

If it's on their land, then MEO part is 55%...

any comments ?

ecce

6
Apr 02, 2008 10:16AM
1
Apr 02, 2008 11:15AM
1
Apr 03, 2008 04:56AM
3
Apr 03, 2008 08:28AM
1
Apr 03, 2008 12:18PM
1
Apr 03, 2008 02:50PM

Apr 03, 2008 05:12PM

Apr 03, 2008 05:34PM

Apr 03, 2008 05:58PM
1
Apr 04, 2008 02:12AM
Share
New Message
Please login to post a reply