Alamo Energy Corp. Completes Analysis of UK Onshore Seismic Data

Alamo Energy Corp. (OTCBB:ALME) is pleased to announce that it has completed its analysis of reprocessed seismic lines and existing wells in close proximity to Alamo's blocks.

Using the reprocessed seismic lines that run into Alamo's 400 km sq exploration blocks we have been able to map the route for our proposed 2D seismic shoot. From our analysis of these seismic lines and wells in close proximity, we believe that the structural trend and oil migration correlates with our model for the blocks.

Having already completed a permit study we are now in a position to commence discussions with potential seismic service companies with the intention of shooting a 2D seismic shoot in 2010.

Alamo's four UK onshore license blocks (TQ26, TQ36, TQ46, TQ56) lie directly north of the producing Palmer's Wood Oilfield operated by Star Energy, a subsidiary of Petronas. According to an independent geological report, the hydrocarbon resource potential for all four blocks is approximately 236 million barrels.

Philip Mann, Alamo's Chief Financial Officer, said, "The data from the reprocessed seismic lines and wells are extremely exciting. The report indicates that the Knockholt discovery which is located directly South of our blocks encountered oil in approximately 23 ft of Corallian Sandstone and appears to have been drilled into a low area, with the strata rising to the south and to the north into our block."

About Alamo Energy Corp.
Headquartered in London, England and with operational offices in Houston, Texas, Alamo Energy Corp. (OTCBB:ALME) is an independent company focused on the exploration, development and production of onshore oil and gas reserves in the United Kingdom and United States. The company's UK exploration program is focused on four blocks spread over 400 square kilometers in an onshore oil and gas province in South East England. Alamo's U.S. operations are focused on the development of assets in Texas, Kentucky and West Virginia.

Forward-looking Statements
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Source: GlobeNewswire/Yahoo Finance