Westmont's Beta Project to Cleanly Recover Heavy Oil Shows Success

BELLEVUE, Wash., April 18, 2011 /PRNewswire/ -- Westmont Resources, Inc. (OTCQB: WMNS) ("Westmont"), announced today that the "beta" pilot program to demonstrate the effectiveness of Parker Technologies' enhanced heavy oil extraction method yielded dramatic results. Production increased from 1-2 bbl per day to a sustained 100 bbl per day.  Westmont entered into a strategic partnership with Parker after acquiring a 10% interest in the company's technology. Parker's process has become a key component of Westmont's own enhanced unconventional oil and gas recovery system, EcoRecovery4.

The increased production from the beta well located in the Maverick basin in Zavala County, Texas was by a factor of 50 to 100 times. The original conventional mechanical lift production of the nearly 30 year old well, which was first drilled in 1981, was 1-2 bbl of oil per day. After fitting the well with the Parker's proprietary heavy oil extraction system, the pilot well's production jumped to 85 bbl per day. Following various site-specific adjustments the well's production jumped a sustained production level of 97 bbl per day before being shut down for analysis and evaluation.  Following various upgrades and enhancements to Parker's system based on the analysis of the initial test, we expect production to double and could go as high as 200 bbl of oil per day.

Equally significant, as no steam, water or other foreign elements are used and therefore introduced into either the well or surrounding land table, the environmental impacts were no greater than with traditional drilling. This is quite an accomplishment as other forms of enhanced heavy oil extraction technologies are all fraught with environmental challenges and limitations.

"This systems' success in this pilot project strongly suggest that EcoRecovery4, with the incorporation of the Parker system, can deliver solid incremental production gains to all heavy oil projects, regardless of viscosity levels and the sensitivity of the surrounding environment," said Glenn McQuiston, Westmont's President. "The results of this pilot can help our national efforts to become independent of foreign oil imports by taking advantage of the huge deposits of unconventional oil in the US such as the heavy oil in south Texas."

"We are very encouraged by the response as we go about changing this part of our oil production culture," he added. Tests to determine whether traditional enhanced extraction methods have proven to be "clean" have not been promising. The upshot is that increasingly communities are reluctant to welcome such production and regulators following suit are imposing more "red tape" prior to granting their approvals.

"Confronting one of the biggest public safety threats facing our county is no small task, but we're taking on this really big problem head-on," McQuiston said. "We'll work in basins possessing all types of oil, in every corner of this country, and bit by bit we'll make progress to insure a widespread adoption of EcoRecovery4."

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.

SOURCE Westmont Resources, Inc.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED