CALGARY, ALBERTA ("Montello") as Operator of the Morgan Highpoint Project, is pleased to announce that the Company has received regulatory approval to drill the Morgan Highpoint #5 Test Well.

The surface lease has been acquired and surveyed and construction of the drill pad location is being completed. The goal is to spud the Test Well as early as Monday, April 14, weather permitting.

The Morgan Highpoint #5 Test Well will be drilled on a parcel of land recently acquired as part of the Morgan Highpoint Project and is strategically located between the Morgan Highpoint #3 Discovery Well and the Howard White #1 Well.

The Morgan Highpoint #5 Test well offsets the Morgan Highpoint #3 Discovery Well and the Morgan Highpoint #4 Test Well.

The interests are as follows: Montello, as operator, pays 15% of the costs to earn a 35% interest and its JV Partners; Austin Developments Corp. - TSXV Symbol "AUL", pays 20% of the costs to earn a 30% interest, Blackrock Petroleum Corp. - OTCBB "BRPC" is paying 60% of the costs to earn a 30% interest and Park Place Energy Corp. - OTCBB "PRPL"/Frankfurt "3P2" pays 5% of the costs to earn a 5% interest.

The Morgan Highpoint #3 Well logs have been reviewed and the Morgan Highpoint #4 Test Well is logged and being evaluated by our geo-scientists. Schlumberger is performing the cased hole logging of both the John Bowen #1 and #2 Test Wells today. Completion plans will be finalized once the logs for the Morgan Highpoint #4 Well and John Bowen #1 &, #2 Wells have been analyzed.

Please refer to our web-site at www.montello.com to view photos recently posted of the Morgan Highpoint # 3 Discovery Well. For more information on the Morgan Highpoint Project, see our News Releases posted on www.sedar.com and www.montello.com.

About Montello Resources Ltd.

Montello Resources Ltd. (TSX VENTURE: MEO), www.montello.com, is an emerging, publicly traded company listed on the TSX Venture Exchange in Canada. Montello is pursuing shallow oil and gas opportunities in Northern Alberta, engaged in deep high impact drill projects in southern Alberta, as well as high impact oil and gas exploration "hunting for elephants" in the Tennessee Appalachians.

ON BEHALF OF THE BOARD OF DIRECTORS

William R. (Bill) Cawker, President-CEO

Visit www.montello.com for ongoing updates & have your name included on our mailing list.

Reader Advisory: This news release contains certain forward-looking statements, including management's operations and capital expenditures and the timing thereof, that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Corporation's control. The Corporation's actual results, performance or achievements could differ materially from those expressed in, or implied. Investors are cautioned that forward-looking statements are inherently uncertain and involve risks and uncertainties that could cause actual results to differ materially. There can be no assurances that future developments affecting Montello will be those anticipated by management. Furthermore any forward-looking statements contained in this news release are made as at the date of this news release and the Corporation does not undertake any obligation to update publicly or to revise them whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. We Seek Safe Harbor.

"BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead."

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts: Montello Resources Ltd. William (Bill) Cawker President - C.E.O. (604) 408-7600 Email: bill_cawker@montello.com Montello Resources Ltd. Larry Myles (604) 408-7600 Email: lmyles@montello.com Website: www.montello.com

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