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Are our esteemed "managers" at Montello too busy, too drunk or too remote from fiduciary responsibility to publish material news ? This came from Pennine on Kitco:
October 24 2008, CALGARY, Alberta – Pennine Petroleum Corporation (TSX.V-PNN) announces it has initiated long term production testing effective Wednesday 22 October 2008. The Service Rig was released after accessing the Brown Sand reservoir and placing rods and a bottom hole pump. The operation to date has been trouble free and under budget. Initial results will be forthcoming and the Company will keep updating activities on a timely basis. Pennine maintains a 34.5 per cent working interest in the Pennine Pinch Ck 100/01-11-004-29W4M Project and is Joint Venture Operator. The Company holds 10,560 gross acres (4,851.2 net acres) of land in the entire Pincher Creek area. The average working interest for the Company is approximately 40 per cent of crown and freehold leases. About Pennine Petroleum Corporation Pennine Petroleum Corporation is an emerging oil and gas exploration and development company with active projects located in Alberta, Saskatchewan, and British Columbia. The Company intends to create growth in production cash flow by focusing on drilling and well re-completions on selective land areas in which the Company operates. NOTE FOR FORWARD LOOKING STATEMENTS Statements made in this press release comprise forward-looking
information based on current company operations that may vary from actual results obtained by the company. Specifically, the reader Further, while it is
the policy of Pennine Petroleum Corporation to constantly review and respond to changes in the operational, competitive and regulatory environments, readers are advised that exploration and production of hydrocarbon resources carries significant risk and that the information contained herein should be used accordingly. For further information contact Pennine Petroleum Corporation N. Desmond Smith T: 403 277-4421 F: 403 277-4439 E: des.smith@penninecorp.com Boardmarker Group Dean Stuart T: 403 517 2270 E: dean@boardmarker.net The TSX Venture Exchange has not reviewed and
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