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MOUNTAINVIEW ENERGY LTD (the “Company”), a Canadian Public Company listed on the TSX VENTURE EXCHANGE today announced the successful completion of the Donovan Project in the Pondera Field, Teton County, Montana. The Donovan #33-2 and #33-3 wells were completed and placed on production enhancing the Company’s overall oil production by 6 to 8 barrels per day. Mountainview Energy Ltd owns a 75% Working Interest in the Donovan #33-2 and #33-3.

The Donovan wells have yet to be stimulated by an acid treatment, which increases daily oil production. The Company has plans to conduct treatment of the wells this spring.

MOUNTAINVIEW ENERGY LTD

Patrick M. Montalban
President & Chief Executive Officer

THIS NEWS RELEASE WAS PREPARED BY MANAGEMENT. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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