MOUNTAINVIEW ENERGY LTD (the “Company”), a Canadian Public Company listed on the TSX VENTURE EXCHANGE announced today that a 6 to 8 well development program will commence early next week in the Red Creek Field, located south of the U.S./Canadian Border in Northern Glacier County, Montana. The Company contracted this multi-well program and has been waiting for a drilling rig to commence operations since early Spring of 2005.
The Red Creek Field is currently producing 95 to 105 barrels of oil per day and this drilling program will develop the Northeast portion of the Red Creek Field, which as not been developed to-date.
MOUNTAINVIEW ENERGY LTD
“Joseph V. Montalban”
Joseph V. Montalban, Chairman of the Board
President & Chief Executive Officer
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