Westmont Resources Increases Oil Production in Pennsylvania and West Virginia

BELLEVUE, Wash., July 6, 2011 /PRNewswire/ -- Westmont Resources, Inc. (OTCQB: WMNS), announced today that they have completed the review of the June 2011 production revenue for operations in our 3,400 acre leaseholds in the Marcellus Shale region in the southwest tier of Pennsylvania and northwest tier of West Virginia.  Preliminary production on the leaseholds has 41 working wells, of the 120 currently drilled on the properties, producing .6 to .9 barrels of oil per day per well.  Total daily production is averaging 29.93 barrels of oil per day from these 41 working wells.  June production totaled 891 barrels or $112,526.30 in gross revenue from production.  

Westmont began implantation of Phase 1 of it operations plan to increase production to over 3,500 barrels per month by the end of the 2011 calendar year.  Westmont anticipates placing into production an additional 12 wells by the end of July 2011 for a total of 53 working wells.  We anticipate revenue to increase to over $145,000 per month by the end of July 2011 from the production of these first 53 working wells.  Upon completion of the first phase of our production program, Westmont anticipates having 170 of the 212 existing wells in production earning estimated gross revenues of $321,300 per month based on current oil pricing in excess of $90 per barrel.

"Our specialty is applying cutting-edge technology in order to 'wring additional value from' long-lived, low risk natural gas and oil properties - To squeeze more oil out of mature basins.  These new Pennsylvania and West Virginia assets are an excellent fit with our existing core areas and will expand our portfolio.  Phase 2 of our production program will include the implementation of our patented, proprietary technology to increase production by a factor of 6 with anticipated production in excess of 5 barrels a day per well.  Our estimated monthly gross revenue would increase from an estimated $321,300 to over $2,295,000 after implantation of our technology on all existing wells," said Glenn McQuiston, Westmont's President.

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.

Marc Peterson – Investment Relations
1-(888)-264-2738 (TOLL FREE)
[email protected]

SOURCE Westmont Resources, Inc.

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