VANCOUVER, British Columbia, April 13, 2005 (PRIMEZONE) -- Micron Enviro Systems, Inc. (OTCBB:MSEV) is extremely pleased to announce that it has been informed by the operator on the Martex Prospect that the Stuart 60 #8 Well has been successfully fraced and is now producing oil and gas. A work over rig is scheduled to conduct the final work on the well within the next 7-10 days. Once this occurs, a more accurate flow should be established. The operator stated, "Friday, the 8th, we fracture stimulated the 60#8 with a 125,000 pound sand/foam frac with 50% nitrogen foam of 80,000 gallons. The well treated exactly as planned." There are two additional wells to be drilled on this prospect. MSEV has already paid for the costs on these two wells. It is anticipated that both of these wells will be tested within the next 60 days.
Bernie McDougall, president of MSEV stated, "This is great news for MSEV and MSEV's shareholders. Having another successful well is what we were hoping for. We still have two more wells on the Martex Prospect to drill, and we have now successfully put on line each well that we are participating in on this prospect. We are also about to frac the Pembina Well in Alberta within the next few weeks. The second quarter is shaping up to be an exciting time."
MSEV is an emerging oil and gas company that has both oil and gas producing properties. MSEV's goal is a junior oil and gas producer that focuses on the exploration, discovery and delivery of gas and oil to the North American marketplace. MSEV currently has 16 independent sources of oil and/or gas revenue. MSEV's production is from nine oil wells in Canada, and seven wells producing oil and/or gas wells in Texas. MSEV is presently involved in multiple oil and gas prospects, and continues to look for additional projects that would contribute to building MSEV's market capitalization.
If you have any questions, please call MSEV at (604) 646-6903. If you would like to be added to MSEV's update email list, please send an email to info@micronenviro.com requesting to be added.
This news release contains forward-looking statements. Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the United States Securities and Exchange Commission, which can be viewed at www.SEC.gov. For all details regarding working interests in all of MSEV's oil and gas prospects or any previous news releases, go to the SEC website. You should independently investigate and fully understand all risks before making investment decisions.