TAMM Oil and Gas receives report for the determination of heavy oil in place
  by: OilOnline
  Monday, June 23, 2008

TAMM Oil and Gas Corp. has received a report from Chapman Petroleum Engineering Ltd. for the determination of heavy oil in place for 35 sections of land for which TAMM has a 100% working interest. This report was issued to include the recent purchase of 14 sections of Petroleum and Natural Gas (P&NG) leases that TAMM purchased at an Alberta Crown sale. These 14 sections are adjacent to the 21 sections of Oil Sands leases that the corporation already holds.

With the new acquisition included, Chapman determined that the Mississippian-aged Lower Debolt and Elkton member zones for our 35 sections of land contain 2.33 billion barrels of original total heavy oil in place.

TAMM management plans to integrate these new lands into a program -- consisting of drilling, coring, and testing for primary production. This exploration program is currently planned for four to six wells for execution in the upcoming winter drilling season.

Click here for more of Today's News Headlines