CALGARY, Alberta, Canada, March 9, 2004 (PRIMEZONE) -- DMT Energy, Inc. ("DMT" or the "Company") (Pink Sheets:DMTY) reports that Endless Energy Corp. ("Endless" or the "Operator") (TSX Venture Exchange:EEC), Operator of the 5-28 Acadia well, has notified DMT that the well tie-in was completed sooner than expected and that gas is now being delivered to market. Furthermore DMT reports that the company will now be cash flow positive from the sale of gas at Acadia. Endless has also advised that the orifice plate used to maintain flow and production rate will be changed to increase flow due to significantly greater than expected well head pressure. By replacing the orifice plate and increasing the flow of gas the Operator will be better able to control and stabilize the much higher than expected flow rates. Due to increased pressure the Company will re-evaluate reservoir potential which appears to be higher than initially expected.
For further information please contact Fred DaSilva, President & CEO at 403-264-7869.
Certain information and statements included in this news release constitute ``forward-looking'' statements within the meaning of the Private Securities Litigation Reform 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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