MOUNTAINVIEW ENERGY LTD (the “Company”), a Canadian Public Company listed on the TSX VENTURE EXCHANGE today announces that the Red Creek No. 37 was successfully completed as a producing oil well. The Red Creek No. 37 had an initial production rate of 52 barrels of oil per day and 35 barrels of water per day from the Madison/Sun River Dolomite. The producing interval in the Madison/Sun River Dolomite is 2,748′ to 2,755′.
Mountainview Energy Ltd owns 100% Working Interest in the Red Creek No. 37 and due to the success of this well, Management plans to further develop the Madison/Sun River Dolomite pay zone in the Red Creek Field.
MOUNTAINVIEW ENERGY LTD
“Patrick M. Montalban”
Patrick M. Montalban
President & Chief Executive Officer
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