MEO Montello Resources Ltd (Tier2)

Montello Resources Ltd. (TSX VENTURE:MEO) ("Montello"), as Operator of the
Morgan Highpoint Project, is pleased to announce that after resolving a number
of common operational start-up issues, have conducted an extended production
test on the Morgan Highpoint #3 Well. In less than 10 full days of production
Montello has recovered in excess of 800 barrels of light sweet high gravity oil
from its 6.25 inch well bore. After analyzing the logs, including the
Weatherford Fracture Imaging Log that was run on the Morgan Highpoint #5 Well,
as well as the geological data recently obtained from its 5 wells and the
extended production test, Montello has now confirmed the presence of an
extensive fracture network which explains why the daily production rate in the
Morgan Highpoint #3 Well has sharply declined to approximately 15 barrels of oil
per day which mirrors the decline rates recorded on other wells drilled to a
similar depth in the southern portion of the Appalachians. Montello after
conferring with a number of service companies specializing in unique completion
techniques has obtained approval from its partners to proceed with a completion
program that has been designed with the goal to exponentially increase daily
production rates as well as significantly improve the ultimate recovery rates
that are typically achieved from wells in the area. For competitive reasons
Montello and its partners will not be disclosing how the wells will be
completed. Logistics are being finalized to mobilize specialized equipment from
Canada and the United States to perform the contemplated completion programs
which are anticipated to commence within the next four to six weeks.


Montello is further pleased to announce that plans are underway to finalize the
surface location from which the Morgan Highpoint #6 Well will be drilled.
Montello and its partners now have approximately 1,500 acres of land tied up.
Without acquiring any additional mineral leases, if the scheduled completion
programs are as successful as contemplated, Montello and its partners are
positioned to conduct a multi-well drilling program consisting of over 20
shallow oil wells and 2 additional deep gas wells. Based on the knowledge and
understanding that Montello now has of both the shallow oil play and the deep
gas play recently identified in the John Bowen #2 Well, Montello and its
partners are now aggressively pursuing acquiring additional mineral leases and
drilling / re-completion opportunities in Morgan County, Tennessee.


About Montello Resources Ltd.

Montello Resources Ltd. (TSX VENTURE:MEO), http://www.montello.com is an
emerging, publicly traded company listed on the TSX Venture Exchange in Canada.
Montello is pursuing shallow oil and gas opportunities in Northern Alberta,
engaged in deep high impact drill projects in southern Alberta, as well as high
impact oil and gas exploration in the Tennessee Appalachians.


ON BEHALF OF THE BOARD OF DIRECTORS

William R. (Bill) Cawker, President-CEO

All prospective and current shareholders of Montello Resources are invited to
join the company's official investment forum exclusively at Pinnacle Digest:
www.pinnacledigest.com the forum allows for investor controlled discussion,
questions and progressive feedback from other shareholders and investors. Third
party reports on the company are also available at www.pinnacledigest.com.
Please also go to www.sedar.com for a detailed list of all filings.


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.


"BOEs may be misleading, particularly if used in isolation. A BOE conversion
ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method
primarily applicable at the burner tip and does not represent a value
equivalency at the wellhead."

Montello Resources Ltd (Tier2) (TSXV:MEO)
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Montello Resources Ltd (Tier2) (TSXV:MEO)
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