Calgary, Alberta, June 16, 2009: Montello Resources Ltd. (TSX Venture Exchange Symbol "MEO") ("Montello") is pleased to provide an update announce the following updates in its operational areas:

Pincher Creek, Alberta: Montello has been informed by its Joint Venture partners that the Waterton Gas Plant has completed its "turn around" improvements and is now ready to accept third party gas. According to Montello's Joint Venture partners, an Authorization for Expenditure is expected shortly, with the intention of constructing the 238 metre pipeline into the system that supplies Waterton. The 1-11-4-28W4 well from which the partners will obtain production is mainly a condensate well with some associated gas that cannot be flared to the atmosphere. The long awaited construction of this pipeline should prove material to Montello.

Highpoint, Tennessee: Montello is now in possession of a report on the oil from the Highpoint #3 well, with a recommendation of the use of a paraffin inhibitor. Montello intends to hold a partners meeting very shortly and discuss the potential rehabilitation of this oil discovery. Montello will be hoping for full cooperation from its Joint Venture partners but will if need be, attempt to proceed on its own in an independent fashion. Currently Montello does not have any immediate plans to test the potential gas zones in the Chattanooga shales due to the commodity price for gas, logistics, and capital considerations for the JV Partnership.

Mulligan, Alberta: Montello is pleased to announce that it has signed a Letter of Intent to sell its non-operated properties in this area in order to partly fund operations in its core areas.

Montello's projects will need capital to be fully and properly developed and Montello will finance the company through one of more of the sale of assets, equity financings, production revenue and creative farm-outs.

Montello will post its first "President's Message" on the home page of www.montello.com before the end of the week.

ON BEHALF OF THE BOARD OF DIRECTORS

"Peter C. Brown"
Peter C .Brown
President-CEO-Chairman

Montello Resources Ltd. (TSX-V: MEO), is a Calgary based, publicly traded company listed on the TSX Venture Exchange in Canada. Operations are geographically focussed in Tennessee and Alberta.

Reader Advisory: This news release contains certain forward-looking statements, including management's operations and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Corporation's control. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. There can be no assurances that future developments affecting Montello will be those anticipated by management. Furthermore any forward-looking statements contained in this news release are made as at the date of this news release and the Corporation does not undertake any obligation to update publicly or to revise them whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. We Seek Safe Harbor.

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."