Westmont Resources Files 3rd Quarter Form 10Q With Financial Review and Completes Investor Interview
BELLEVUE, Wash., May 5, 2011 /PRNewswire/ -- Westmont Resources, Inc. (OTCQB: WMNS), is pleased to announce it has filed its Quarterly Report for the third Quarter ending February 28, 2011 on Form 10Q and accompanying financial review performed by Malone & Bailey (M&B) of Houston, Texas. The filings ensure that Westmont is current and includes Westmont's previously announced acquisitions of oil and gas leaseholds in the Tennessee and the follow-on acquisitions of leaseholds in Pennsylvania and West Virginia.
"Westmont is focused on applying our proprietary "EcoRecovery4"™, proprietary extraction process which combines industry disruptive technologies to optimize the recoveries of both oil and gas from heavy formations and shale. The facets of the EcoRecovery4™ include patented processes and devices as well as a uniquely formulated biodegradable and organic substance known as "FracSolv™" to enhance yields for both oil and gas production. EcoRecovery4™ is a refined advanced extraction technique, which will enable Westmont and other oil & gas producer licensees to tap those unconventional resources such as shale oil and gas and heavy oil trapped deep within the earth. Westmont intends to both license EcoRecovery4™ and to become full technical advisory partners to independent oil and gas producers.
For a more in-depth review of EcoRecovery4™, Dr. Fischer, CEO of Westmont Resources, Inc. completed an audio interview with SmallCapVoice.com, Inc, which is now available. The interview can be heard at http://smallcapvoice.com/blog/5-3-11-audio-interview-with-westmont-resources-corporation-otcbb-wmns.
About Westmont Resources
Westmont Resources is an independent natural resource and development company headquartered in Bellevue, Washington, with principal operations in the United States. Westmont's business model emphasizes the acquisition and operation of existing producing assets, in the oil and gas industry. As new technologies expand both the exploration possibilities and production of oil and gas in the face of ever-rising demand, obtaining peak efficiency and production from existing aging wells becomes increasingly profitable. Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate assets and companies in the oil and natural gas production and services sectors. For more information about Westmont Resources, Inc., visit the company's website at www.westmontresources.com
Safe Harbor Statement
This press release contains forward-looking statements regarding Westmont Resources, Inc. within the meaning of Section 27A of the Securities Act of 1933 as amended, as such, may involve risks and uncertainties. Such statements are based on management's current expectations and cannot be guaranteed. The forward-looking statements discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors affecting Westmont Resources, Inc. Forward-looking statements speak only as of the date on which they are made and Westmont Resources, Inc. undertakes no obligation to publicly revise any forward-looking statement based on the result of new information, future events, or otherwise.
Mark Peters – Investment Relations
[email protected]
1-(888)-264-2738 (TOLL FREE)
SOURCE Westmont Resources, Inc.
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