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nrj · 26-07-2005, 16:30

San Telmo Energy spuds new well at Teepee Creek
Tuesday July 26, 6:00 am ET

CALGARY, July 26 /PRNewswire-FirstCall/ - San Telmo Energy Ltd. (OTCBB: STUOF, TSX-V: STU) is pleased to announce that a well at its Teepee Creek Property 8-3-74-4w6 has been spudded. This is the first well in the Teepee Creek development program, and is owned 100% by the company.
The well is expected to take approximately 10 days to drill to a target depth of 1650 meters (5413 feet), followed up by a potential testing program.

Total production at the company's two Teepee Creek wells during the last two months averaged 113 boe/day.

During this time, new downhole equipment was being installed which resulted in considerable down time. Based on actual hours of production for May and June, the wells are capable of producing approximately 204 boe/day.

ABOUT SAN TELMO ENERGY LTD

San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on production of, exploring for, and developing reserves which offer long term value for the company.

FOR FURTHER INFORMATION

San Telmo Energy Corporate Communications

1.866.880.5610

Email: corporate@santelmoenergy.com. To find out more about San Telmo Energy Ltd. (OTCBB: STUOF, TSX-V: STU) visit our website at www.santelmoenergy.com

FORWARD-LOOKING STATEMENT

This release may contain forward-looking statements, within the meaning of the "safeharbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company.

The TSX Venture Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of this release.

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Source: San Telmo Energy Ltd.

26-07-2005, 16:30	#61
nrj TBB Goldmember Registriert seit: Dec 2004 Beiträge: 641	San Telmo Energy spuds new well at Teepee Creek San Telmo Energy spuds new well at Teepee Creek Tuesday July 26, 6:00 am ET CALGARY, July 26 /PRNewswire-FirstCall/ - San Telmo Energy Ltd. (OTCBB: STUOF, TSX-V: STU) is pleased to announce that a well at its Teepee Creek Property 8-3-74-4w6 has been spudded. This is the first well in the Teepee Creek development program, and is owned 100% by the company. The well is expected to take approximately 10 days to drill to a target depth of 1650 meters (5413 feet), followed up by a potential testing program. Total production at the company's two Teepee Creek wells during the last two months averaged 113 boe/day. During this time, new downhole equipment was being installed which resulted in considerable down time. Based on actual hours of production for May and June, the wells are capable of producing approximately 204 boe/day. ABOUT SAN TELMO ENERGY LTD San Telmo Energy Ltd. is an emerging oil and gas company with an experienced management team. Operated through its wholly owned subsidiary San Telmo Energy Inc. of Calgary, Alberta, San Telmo Energy Ltd. is focused on production of, exploring for, and developing reserves which offer long term value for the company. FOR FURTHER INFORMATION San Telmo Energy Corporate Communications 1.866.880.5610 Email: corporate@santelmoenergy.com. To find out more about San Telmo Energy Ltd. (OTCBB: STUOF, TSX-V: STU) visit our website at www.santelmoenergy.com FORWARD-LOOKING STATEMENT This release may contain forward-looking statements, within the meaning of the "safeharbour" provision of the Private Securities Litigation Reform Act of 1995, regarding San Telmo Energy's business or financial condition. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of the company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. -------------------------------------------------------------------------------- Source: San Telmo Energy Ltd.