TAMM Oil and Gas Increases Oil Sands Properties by Acquiring 21 New Sections of Oil Sands Leases

    CALGARY, Alberta, Jan. 15 /CNW/ -- Tamm Oil and Gas Corp. (OTC Bulletin
Board: TAMO) is pleased to announce that it has acquired 100 percent ownership
of an additional 21 sections of oil sands leases in the Peace River region of
Northern Alberta.  This acquisition increases Tamm's holdings in the region,
to potentially fuel the company's growth, as worldwide demand and prices for
petroleum continue to rise.
    "In a very short time, Tamm has increased its lease holdings.  Over the
past 4 months, we have managed to acquire direct and indirect ownership in 90
sections of leases and licenses.  With oil prices hitting new record highs on
a consistent basis, we have quickly positioned Tamm to potentially be a major
player in the Canadian Oil Sands supply chain for years to come," says Wiktor
Musial, President of Tamm Oil and Gas.
    Mr. Musial added: "An earlier published engineering report estimated 819
million barrels of oil in place in the Sawn Lake Oil Sands Leases -- with the
Company's newest lease acquisitions, Tamm's potential should increase even
more.  The first several months have proven to be very good for Tamm.  Since
our inception, we have been able to meet or surpass all of our major
acquisition goals, thus making Tamm a fast growing Oil Sands company".
    For more information about Tamm Oil and Gas Corp. and its holding and
operations, please visit the company's website at:
    Forward-Looking Statements in this news release that are not historical
facts are forward-looking statements that are subject to risks and
uncertainties. Forward-looking statements are based on current facts and
analyses and other information that are based on forecasts of future results,
estimates of amounts not yet determined and assumptions of management. Forward
looking statements are generally, but not always, identified by the words
"expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "aims", "potential", "goal", "objective", "prospective", and
similar expressions or that events or conditions "will", "would", "may",
"can", "could" or "should" occur. Actual results could differ materially from
those projected in the Company's proposed Oil and Gas related business. The
Company's business is subject to various risks, which are discussed in the
Company's filings with the Securities and Exchange Commission ("SEC"). The
Company business is subject to various risks, which are discussed in the
Company's filings.  Additional information on risks for the Company can be
found in filings on Edgar of other junior oil and gas exploration companies
with the US Securities and Exchange Commission. The Company's filings may be
accessed at the SEC's Edgar system at http://www.sec.gov.  No information
included in this press release should be construed in any shape, form, or
manner, regarding the value of Tamm Oil and Gas Corp or its common stock.

For further information:

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

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890