Montello Resources Ltd. (the "Company") (TSX Symbol "MEO") is pleased to announce, that the service crews have been mobilized to its Thompson lease in Tennessee and are preparing to move in a well servicing unit to run swab tests and to check total depth of the first three of forty-nine wells. At that time it will be determined whether to put the wells on pump or prepare for stimulation.

As stated in the November 3rd, 2004, news release, Montello Resources acquired 49 oil and gas wells in central Tennessee. The wells are a combination of oil, gas and oil, and gas wells that were shut-in in 1985 due to low oil and gas prices. Most of the wells have had previous production, are cased, and are ready to resume production.

now to find the county and location of the Thompson property!