Alamo Energy Corp. Provides Operational Update for April

Alamo Energy Corp. (OTCBB:ALME), an independent company focused on the exploration, development and production of onshore oil and gas reserves in the UK and US, is pleased to provide an operational update for April, which includes entering into a re-entry program on 453 acres and continued production from its Texas wells.

Texas – Jack D Hubbard Lease Development, Brown County
Alamo has entered into a well re-entry program on the Hubbard 1-H well, which is located on 453 acres. The well which has full Schlumberger Triple Combo data showing logged pay with strong mud log shows and was originally drilled targeting the Barnett formations.

Due to mechanical issues during completion the well is cemented in at the Duffer zone and only producing from the Caddo formation. The target of the re-entry program is to complete the Duffer formation, which we anticipate to produce initial flow rates after perforations and fracing of 500 mcfg/d and 8bblso/d.

Upon successful completion, we believe there is also the opportunity to further develop the acreage by drilling new wells, including targeting the Barnett formation.

Texas – Lozano Lease, Frio County
Our producing wells in Texas have continued to produce without significant downtime or requiring major maintenance work.

United Kingdom – Wessex/Weald Province Lease, Southern England
Field work for the Permit Feasibility study on Alamo’s four UK onshore license blocks (TQ26, TQ36, TQ46, TQ56) has now been completed and is currently being analyzed along with existing data in order to define the seismic survey route.

Kentucky – H.V Taylor Lease, Gradyville Oil Field, Adair County
Drilling on the Lease is expected to commence early May. The wells will target the Murfreesboro Formation and the Knox Formation at an estimated projected total depth of 2,000 feet.

Philip Mann, Alamo’s Chief Financial Officer, commented: “We are making good progress in the development of our current projects, and subject to continued financing, we intend to pursue an aggressive growth program, which we believe has been demonstrated by another new project this month.”

About Alamo Energy Corp.
Headquartered in London, England and with operational offices in Houston, Texas, Alamo Energy Corp. (OTC.BB: 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 US operations are focused on the development of key assets in Texas and a 5 well drilling program in Kentucky.

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: Business Wire/Yahoo Finance