CALGARY, Alberta, Canada, Dec. 17, 2003 (PRIMEZONE) -- DMT Energy, Inc ("DMT" or the "Company") (Pink Sheets:DMTY) announces commencement of testing of potential productive zones on Acadia gas strike. DMT's partner, Endless Energy Corp. placed a test rig on site Dec 15, with initial results expected by week's end.
DMT President & CEO Fred DaSilva announced: "We anxiously anticipate test results on the Acadia property. Meanwhile, we expect to announce initial plans for our 2004 drilling program, which we plan to expand to prospects in the United States, along with our Canadian assets. We intend to continue in an aggressive drilling program, while continuing our low-risk, high potential revenue strategy."
The company will release further progress reports on Acadia as results are received.
For further information please contact Fred DaSilva, President at 403-264-7869 or Giuliano Tamburrino, CFO at 403-297-9238.
Certain information and statements included in this news release constitute "forward-looking" statements within the meaning of the Federal private Securities Act of 1995. Such forward-looking statements include known and unknown risks, uncertainties and other factors, which may cause the results, performance, or achievements of the Company to be materially different from any further results, performances, or achievements expressed or implied in such forward-looking statements.
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