CALGARY, Alberta, Aug. 27, 2004 (PRIMEZONE) -- DMT Energy, Inc. (Pink Sheets:DMTY) announces that due to unexpected delays relating to surveying crews and service rig availability, the acid wash of Wainwright 1-6 and re-entry of Wainwright 9-6 have been delayed. The company is awaiting notification from the operator as to when crews will be available for the subject work.
Fred DaSilva, DMT president and CEO, stated, "We are disappointed in the delay, however our plans have not changed, and we are confident that the two-well program at Wainwright will be completed as soon as the necessary crews and equipment become available."
The company will report further progress on Wainwright as results are received.
Further information may be obtained by contacting DaSilva at 403-264-7869 or 403-875-6388.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the company's operations, markets, products and prices and other factors discussed in the company's various filings with the Securities and Exchange Commission.
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