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TAMM Oil and Gas Corp.: TAMM Oil and Gas Corp. Acquires Additional 5,000 Acres

^{Published on 2009-06-15 00:55:59, Last Modified on 2009-06-15 00:56:54 - Market Wire}
 

CALGARY, ALBERTA--(Marketwire - June 15, 2009) - TAMM Oil and Gas Corp. (OTCBB:TAMO) today announced that it has acquired an additional 5,120 Acres of oil sands leases in the Peace River region of Alberta from Petrocorp Inc ("PTCP"). These new leases increase TAMM's land holdings in the Manning area to over 35,000 acres.

In exchange for the leases, TAMM has issued 1,000,000 shares in full consideration to PTCP.

Don Hryhor, Director and Exploration advisor said, "The new lands acquired are part of the overall strategy to acquire P&NG and Oil Sands leases in the area, prior to commencing development. In the last 30 days, TAMM has increased its land base by over 50%"

Visit the Tamm Oil and Gas website at [ http://www.tammoilandgas.com ] for more information on our land holdings in the Alberta Carbonate Triangle including a full report by on the new Carbonate revolution. For further information please contact Don Hryhor at (403) 686-1000.

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.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms, such as prospective resource or Original Oil in Place, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 10K. You can also obtain this form from the SEC by calling 1-800-SEC-0330. Additional information may be found at the following web site.

[ http://www.sec.gov/divisions/corpfin/guidance/cfoilgasinterps.htm ]