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Below is a collection of articles or blogs gathered from various sources that may or may not assist you in any due diligence on the Company, its projects, the local region, current events, or recent history. The particulars contained herein were gathered from a variety of sources believed to be reliable but may be incomplete, and/or contain forward looking statements and therefore are not guaranteed by Montello Resources Ltd. or its US Operation Subsidiary. Opinions expressed herein do not necessarily reflect those of either company or its personnel. Any news releases, articles, blogs and comments below, should not be construed as a solicitation offer to buy or sell any securities mentioned herein. Any Securities possibly discussed may not necessarily be suitable to all types of investors, so it is important to do due diligence and speak to a qualified Investment Advisor re your particular situation. We seek Safe Harbour.
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Tue Nov 20, 2012
Montello Announces an Update on its Pincher Creek Asset and Re-instatement For Trading
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to announce that on the 15th of November 2012 the Company completed and signed the Purchase and Sale agreement with FreshStart Energy, a private company, to sell a 10% interest in its Pincher Creek Assets for the sum of $575,000.
Montello will retain a 15% working interest in the Pincher Creek property, with 5% being held in trust for Tosca Capital Corp. The funds will be used to pay for its participatio... (6 KB) |
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Fri Sep 21, 2012
Montello Announces an Update on its Pincher Creek Asset and Re-instatement For Trading
Montello is pleased to announce that it is proceeding with the agreement announced on July 11, 2012 with a Private Company to become a working interest partner in its Pincher Creek Asset. The new partner will assist Montello in finally bringing on production in the Pincher Creek area. The transaction is expected to close before October 15, 2012, and the Company will inform its shareholders when it has been finalized.
It is expected that a new operator will be announced in the next few weeks... (6 KB) |
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Wed Jul 11, 2012
Montello Announces an Update on its Pincher Creek Asset and New Partner
CALGARY, ALBERTA - Montello is pleased to announce to its shareholders that it has completed an agreement with a Private Company to become a working interest partner in its Pincher Creek Asset. The new partner will assist Montello in finally bringing on production in the Pincher Creek area. Under the terms of the agreement, Montello will retain at least a 15% interest in the Pincher Creek 1-11-4-29 W4 well after selling a 5% interest for a sum of $290,000.
This transaction will all... (6 KB) |
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Thu May 24, 2012
Montello Announces an Update on its Pincher Creek Asset
CALGARY, ALBERTA - Montello is pleased to provide an update to its shareholders of its agreement with a private company that will assist Montello in finally bringing on production in the Pincher Creek area. This agreement will provide the company with the necessary funds to participate in follow-up projects in its focus area.
The transaction is expected to close within the next 30 days, subject to regulatory approval. This transaction has been delayed due to the length of time requ... (7 KB) |
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Wed Mar 14, 2012
Montello announces update on its reinstatement process and strategic partner
CALGARY, ALBERTA - In a follow up to the February 9, 2012 news release, the company announces that effective March 9, 2012, the TSX Venture Exchange has made the decision to move Montello to the NEX board. This decision was made despite recent discussions and submissions made by the company detailing our current situation with the operator of the Pincher Creek property.
It was the Exchange's opinion that it was in the best interest of the company and the shareholders to be assigned to... (6 KB) |
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Fri Dec 23, 2011
Montello Announce update on reinstatement process
CALGARY, ALBERTA - Montello is pleased to update its shareholders that the company has now signed an agreement with a private company to assist Montello in finally bringing on production in the Pincher Creek area. This agreement will provide the company with the necessary funds to participate in follow-up projects in its focus area.
Another important direct result of this agreement is that the company is now in a position to proceed with its business plan and to present the same to t... (6 KB) |
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Thu Jul 7, 2011
Montello Provides Further Reinstatement Update
CALGARY, ALBERTA - Montello is pleased to update its shareholders on the progress since its last news release of April 27, 2011 where the Company disclosed that it was in discussions with several financially strong groups interested in becoming a strategic partner with Montello.
Strategic partner
Montello has identified a party that is interested in making a significant strategic investment in the Pincher Creek field including acquiring majority ownership and taking on oper... (7 KB) |
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Tue Mar 8, 2011
Montello Provides Reinstatement Update
CALGARY, ALBERTA - Montello is pleased to announce that the company has had its pre-filing conference with the TSX, which occurred on February 28, 2011. The purpose of this conference was to outline the steps to be taken to meet the TSX requirements that will allow the company to trade after its revocation application has been accepted by the Alberta Securities Commission.
Having completed this conference, the company is now in a position to submit its revocation application. One of th... (6 KB) |
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Wed Feb 2, 2011
Montello Files Q1 Financials and Provides Reinstatement Update
CALGARY, ALBERTA - Montello is pleased to announce that as of January 24, 2011, has filed the interim financial statements and MD&A for Q1 and that the reinstatement for trading is now underway. The Company appreciates the patience of its shareholders and is looking forward to the future. The Company was in a position that required a complete overhaul of its financial reporting and this process took much longer than management forecasted.
As the reinstatement process progresses, Montel... (7 KB) |
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Fri Dec 24, 2010
Montello Files July 2010 Annual Filings
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to announce that is has filed its annual filings for the year ended July 31, 2010.
The Annual Financial Statements, Annual Management Discussion and Analysis and Officer Certifications were filed on SEDAR today.
Please be advised that the offices for Montello will be closed over the holidays and will re-open January 4, 2011. During the first week in January 2011, Montello expects to file its Interim Fina... (6 KB) |
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Tue Oct 19, 2010
Montello Pincher Creek and Reinstatement Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Pincher Creek
Montello is pleased to announce it anticipates finalizing its sale of a 5% working interest in its Pincher Creek Oil and Gas asset for $250,000 with Tosca Capital in the next 45 days, and is also assisting in final negotiations with the landowners with a view to obtaining the required right of entry to proceed with productio... (7 KB) |
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Thu Sep 16, 2010
Montello settles claim with Pennine and files its quarterly reports
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Montello is pleased to announce it has entered into an agreement with Pennine Petroleum Corporation ("Pennine") (TSXV: PNN) to settle all claims against Pennine and Desmond Smith brought by Montello. This settlement agreement includes non-disclosure and confidentiality provisions and does not reflect any admission by either Pennine or Montello, their affiliates, directors o... (7 KB) |
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Fri Aug 20, 2010
Pincher Creek LOI
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to announce that it has entered into an LOI to sell a portion of its Pincher Creek assets to generate short term financing. Selling assets has been Montello's primary source of funding for the past 12 months due to the Company's inability to secure equity financing due to the economic climate and its inability to restructure due to shareholders voting against a stock consolidation plan at the Company's last ... (7 KB) |
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Tue Jul 27, 2010
Corporate Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Montello is pleased to announce that on Monday July 26, 2010 the audit committee met with the Company's auditor to discuss and finalize the July 31, 2009 audited financial statements and related disclosure. The committee approved the financial statements and all adjustments as well as the related disclosure. Montello will now complete the Management Discussion and Analys... (6 KB) |
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Thu Jun 24, 2010
Corporate Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Montello advises that further to Montello's corporate update disseminated April 13, 2010, while the audit of the consolidated annual audited financial statements is in the final stages, the process is not as yet complete. The audit being conducted by The Saturna Group is expected to be completed this week.
Upon completion and filing of the annual audited financial stat... (8 KB) |
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Thu May 6, 2010
Pincher Creek Update
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following update.
Pincher Creek Update
Montello would like to take this opportunity to give its shareholders an update on the status of its lawsuit against Pennine Petroleum Corporation, related to the Pincher Creek property.
Montello is aware that a 14 April 2010 news release was circulated by Pennine to the public and would like to high... (8 KB) |
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Tue Apr 13, 2010
President's Message For April 13, 2010
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following President's Message.
President's Message
Since the last President's message a number of key events have occurred within Montello. Additionally, the company has been affected by the actions or lack of the same of its partners.
Financial Reporting
I am sure you are all aware that the company is current... (9 KB) |
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Thu Sep 17, 2009
President's Message for September 17, 2009
CALGARY, ALBERTA - Montello Resources Ltd (TSX Venture Exchange: MEO) is pleased to provide the following President's Message.
President's Message
I hope everyone has had an enjoyable and productive summer.
As you can imagine we receive numerous questions and comments from shareholders and other interested investors with regard to the operations of Montello. The prevailing comment is that it appears nothing is happening. The purpose of this message is to relay to everyone that th... (11 KB) |
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Wed Jun 17, 2009
President's Message For June 17, 2009
This feature is anticipated to be a regular addition to the website.
To begin with I would like to thank all who attended the AGM on the 30th of April, 2009, helping to make it one of the more interactive that I have ever attended.
Various motions had been tabled for the AGM and the only motions defeated were restricted to the consolidation of the stock and the potential name change.
Management advised that a business outline would be provided for the shareholders and would... (5 KB) |
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Wed Sep 5, 2007
Ky/Tenn Report (TOGA) TENNESSEE OIL & GAS ASSOCIATION MONTELLO DRILLING AHEAD ON BASEMENT TEST ( 5th paragraph)
Ky/Tenn Report
(TOGA) TENNESSEE OIL & GAS ASSOCIATION
MONTELLO DRILLING AHEAD ON BASEMENT TEST ( 5th paragraph)
Volume 14, Number 9 September 2007
REG REVIEW CALLS FOR MORE STAFF, TRAINING, MORE - The final STRONGER Report, evaluating Tennessee's oil and gas regulations, calls for additional staff, more training for the staff as well as the need for specific written goals and objectives for administering the oil and gas program. The STRONGER review was conducted b... (8 KB) |
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Wed Aug 8, 2007
Ky/Tenn Report Volume 14, Number 8 August 2007
MONTELLO RESOURCES PERMITS DEEP TEST -Montello Resources Ltd. (TSX Venture: MEO) has permitted a 7,500 test in the Twin Bridges Quad in Morgan County. The John Bowen #2, Permit #11469 is located in Section 7-5S-57E, 3150 FSL-2350 FEL. Houston-based Nabors Drilling USA, the drilling contractor, moved in the rig with a reported 50 loads of equipment, including a triple rig. According to the company, all pre-drilling preparations have been completed, including drilling the rat-hole. The test ... (8 KB) |
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Disclaimer: The particulars contained herein were obtained by sources believed to be reliable but may contain forward looking statements and may be incomplete and therefore are not guaranteed by Montello Resources Ltd. or its US Operation subsidiary. Opinions expressed herein do not necessarily reflect those of Montello Resources Ltd personnel. Any comments provided above should not be construed as a solicitation offer to buy or sell any securities mentioned herein. Any Securities possibly discussed may not necessarily be suitable to all types of investors, so it is important to do due diligence and speak to a qualified Investment Advisor re your particular situation.We seek Safe Harbour.
The above as well as various narratives on this web site may contain certain forward-looking statements, including management's assessment of future plans and 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. Such risks and uncertainties include, without limitation, risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, loss of markets, volatility of commodity prices, currency fluctuations, imprecision of reserve estimates, environmental risks, competition from other producers, inability to retain drilling rigs and other services, delays resulting from or inability to obtain required regulatory approvals and ability to access sufficient capital from internal and external sources, the impact of general economic conditions in Canada, the United States and overseas, industry conditions, changes in laws and regulations (including the adoption of new environmental laws and regulations) and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in foreign exchange or interest rates, stock market volatility and market valuations of companies with respect to announced transactions and the final valuations thereof, and obtaining required approvals of regulatory authorities. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits, including the amount of proceeds, that the Corporation will derive there from. Readers are cautioned that the foregoing list of factors is not exhaustive. All subsequent forward-looking statements, whether written or oral, attributable to the Corporation or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. Furthermore, the 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 any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws."
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