Tamm Oil and Gas Expands Properties by Acquiring 14 Additional Sections of Leases in the Alberta Peace River Region



    CALGARY, Alberta, June 5 /CNW/ -- Tamm Oil and Gas Corp. (OTC Bulletin
Board: TAMO) is pleased to announce that it has acquired 100 percent ownership
of an additional 14 sections of Crown leases in the Peace River region of
Northern Alberta. This acquisition of Petroleum and Natural Gas leases, which
are contiguous to previously acquired lands, expands Tamm's holdings in the
region to a land base of approximately 22,400 acres.
    As previously announced, Tamm has received a report from Chapman
Petroleum Engineering Ltd. ("Chapman"), a petroleum engineering firm based in
Calgary, Alberta that Tamm commissioned to issue it a Report for the
determination of heavy oil in place for 21 sections of land in the Manning,
Alberta area, for which Tamm has a 100% working interest ("the Report"). In
the Report, Chapman determined that the Mississippian-aged Lower Debolt and
Elkton member zones for these lands contain 1.4 billion barrels of Total Heavy
Oil in Place. The calculations for the Report include only the highest quality
portions of these two zones, and exclude the overlying upper Debolt zones that
have a lesser heavy oil reservoir thickness.
    "Tamm continues to maintain its primary focus on the Manning project, and
this latest acquisition increases our land base in the area by 66%. With oil
prices hitting new record highs on a consistent basis, and increased land
prices and development in the area by other exploration and development
companies, we believe this expansion will build upon Tamm's potential for
years to come," says Wiktor Musial, President of Tamm Oil and Gas Corp.
    Please visit Tamm Oil and Gas Corp.'s website at
http://www.tammoilandgas.com for more information on our holdings and
operations.
    
    CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS AND RISKS
    
    Some of the statements in this press release are forward-looking
statements and are based on current expectations, assumptions, and estimates.
Words and phrases such as "believes", "expect, anticipate", are intended to
identify forward-looking statements. Forward-looking statements carry certain
risks regarding an assumed set of economic conditions and courses of action,
including: (a) whether we will have sufficient financial resources to continue
to meet our operational goals and future plans; and (b) the Report and its
findings were not necessarily prepared in conformity with SEC disclosure
principals or guidelines. There is a significant risk that actual material
results will vary from projected results. No information provided in this
press release should be construed as a representation or indication in any
manner whatsoever of the present or future value of the Company or its common
stock. Readers of information contained in this press release should carefully
review the Company's filings with the Securities and Exchange Commission that
contain important information regarding the Company's financial results, its
future plans, and their limitations, and the risks involved with the Company's
operations. The Company disclaims any responsibility to update forward-looking
statements made herein.




For further information:

For further information: Tamm Oil and Gas Corp., +1-403-975-9399, 
info@tammoilandgas.com Web Site: http://www.tammoilandgas.com

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TAMM OIL AND GAS CORP.

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