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"Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or
"should", "expected", "anticipates", "draft", "eventually" or "projected". You are cautioned That such statements are subject to a multitude of risks and uncertainties That could
cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks That actual results may differ
materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a companies= annual report on Form 10-K or 10-KSB
and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included
herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and PennyChase undertakes no
obligation to update such statements. PennyChase has been compensated two thousand dollars for a one time alert on WMNS by a non-controlling third party. The third party
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| TAKE A LOOK AT THE CHART FOR WMNS! |
| Recent WMNS news releases: •Westmont Exclusive Worldwide Distributor of "FracSolv"Marketwire (Wed, Mar 2) •Westmont Resources Completes Acquisition of Marcellus Gas LeaseholdsMarketwire (Tue, Feb 22) •Westmont Divests Canadian Gold Mining Properties to Acquire Additional Oil and Natural Gas Leaseholds in the Marcellus Shale RegionMarketwire (Wed, Feb 16) •WESTMONT RESOURCES INC. Files SEC form 8-K, Entry into a Material Definitive Agreement, Completion of Acquisition EDGAR Online (Tue, Feb 8) •Westmont Resources Files (8-K) Disclosing the Completion of the Acquisition of Oil & Natural Gas Shale Assets Marcellus-ChattanoogaMarketwire (Tue, Feb 8) |
| Here's the latest news on WMNS |
| Tell us what you think about WMNS! |
Westmont Resources Corporation (OTCBB: WMNS) is an
independent oil and gas producer. The company’s strategy is two-fold. First, to
grow rapidly through the acquisition or “roll-up” of undervalued oil & gas properties
with proven reserves in heavy oil and oil shale which have not been fully
developed. Second, through the use of proprietary disruptive technologies the
company “wrings out” the untapped value of the target properties’ reserves. The
company’s growth plans are in modular steps depending on the availability of
capital.
The company’s Oil & Gas Extraction Technology (Eco-Recovery4) process, which
is multi-patent protected, yields a quadruple-play in competitive advantages, which
further differentiates Westmont from other producers. First, Eco-Recovery4
dramatically increases the oil’s viscosity, increasing yields by up to 90%. Second,
because Eco-Recovery4 utilizes a well’s own gas production, it yields cost
advantages of up to 50%. Third, Eco-Recovery4 has the advantage of extracting
up to 90% of a basin’s reserves verses a 40% recovery when employing other
extraction method. Fourth, as Eco-Recovery4 has virtually no adverse
environmental impact the application has the potential for more universal
acceptance and negates the costs of environmental damage mitigation, which
furthers its economic advantages.
Eco-Recovery4 is designed to extract oil from formations such as tar/oil sands and
Shale with a calculated recovery of 90% or more. The process mechanically
injects a heated solution of natural gas, derived from the production of the well,
delivered deep into the formation by a proprietary tool that melts the heavy tar oil
and Shale oil to a thin viscosity and then extracts it to heated storage tanks on the
surface. The technology is readily adaptable to traditional oil and gas extraction
systems as well as Shale fracturing systems. Contrary to other methods, Eco-
Recovery4 includes constant control and fracturing with no paraffin accumulation,
a cost effective extraction method with substantially lower entry and production
costs enabling higher margins and longer lives for capital equipment.
WMNS Headquarters 155 – 108th Avenue Suite 150 Bellevue, WA 98004 |