WMNS

[bananapeel]

Press Release Source: Westmont Resources Inc. On Thursday November 4, 2010, 8:30 am EDT
BELLEVUE, Wash., Nov. 4, 2010 /PRNewswire-FirstCall/ -- Westmont Resources Inc. (OTC Bulletin Board:WMNS.ob - News) today announced that they have completed an agreement that will extend Westmont's reach and resources with the acquisition of 233 acres and 8 existing wells in the Marcellus Shale region in the southwest tier of Pennsylvania.

Preliminary estimates indicate that the value of the reserves associated with these 233 lease acres in Westmoreland County of Western Pennsylvania from the existing 8 wells located on the leases could amount to nearly $7.2 million. This is based on the company's review of other assessments and production in the immediate area.

Westmont Resources has been working to obtain oil and gas leases in the Marcellus and Chattanooga Shale Region. Representing roughly 61,000 square miles, stretches from Upper New York, through western Pennsylvania and into eastern Ohio and most of Kentucky and West Virginia and parts of Virginia and Eastern Tennessee. It is believed one of the richest natural gas fields in the World. In early 2008, geoscientist at Penn State Univ., and SUNY Fredonia estimated that the Marcellus & Chattanooga contains more than 500 trillion cubic feet of natural gas. These reserves represent more than 2 times the current reserves located in Saudi Arabia. The shale contains largely untapped natural gas reserves, and its proximity to the high-demand markets along the East Coast makes it an attractive target for energy development.

Westmont's portfolio, in addition to this most recent acquisition in the Pennsylvania Marcellus Shale region, includes development of three significant blocks in the Chattanooga Shale region in northern Tennessee consisting of 92 wells, an additional 1,800 lease acres with 60 existing wells in Pennsylvania, and an additional 1,650 lease acres with 60 existing wells in West Virginia. "Our specialty is applying cutting-edge technology in order to 'wring additional value from' long-lived, low risk natural gas and oil properties - To squeeze more oil out of mature basins. These new Pennsylvania assets are an excellent fits with our existing core areas and will expand our portfolio," said Glenn McQuiston, Westmont's President.

"Our specialty is applying cutting-edge technology in order to 'wring additional value from' long-lived, low risk natural gas and oil properties - To squeeze more oil out of mature basins. These new Pennsylvania assets are an excellent fits with our existing core areas and will expand our portfolio," said McQuiston.

[gucci88]

8-Feb-2011

Entry into a Material Definitive Agreement, Completion of Acquisition or



Item 1.01. Entry Into A Material Definitive Agreement.
On February 4, 2011, Westmont Resources, Inc., a Nevada corporation (the "Company") executed in completion the Purchase and Sale Agreement of the Working Well Interest (the "Purchase Agreement"), in conjunction with Domestic Energy Corporation ("Domestic"), whereby the Company agreed to acquire approximately a 70% working interest in 92 Oil and Natural Gas Wells located in the Scott and Morgan Counties of Tennessee representing 100% of the Domestic Energy holdings in these assets. The collective grouping of these 92 wells is identified as a collective asset on the books of Westmont Resources Inc identified as the "Scott-Morgan 1" project.





Item 2.01 Completion of Acquisition or Disposition of Assets.
The transaction described in Item 1.01, herein above, was completed on February 4, 2011.

Section 7 - Disclosure





Item 7.01 Regulation FD Disclosure.
On February 8, 2011, the Company issued a press release announcing the Scott-Morgan 1 Project Acquisition. A copy of that press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 7.01.

[gucci88]

Westmont Divests Canadian Gold Mining Properties to Acquire Additional Oil and Natural Gas Leaseholds in the Marcellus Shale Region

Press Release Source: Westmont Resources, Inc. On Wednesday February 16, 2011, 4:02 pm EST
BELLEVUE, WA--(Marketwire - 02/16/11) - Westmont Resources Inc. (Pinksheets:WMNS - News) (Pinksheets:WMNS - News) today announced Westmont Resources, Inc., an independent oil and gas production company, announced today that it had finalized agreements to sell properties in British Columbia to Domestic Energy Corporation. The properties being sold are exploration lands that are located in known gold reserve regions.

The divestment by the company will allow it to refocus its finances and operations on oil and natural gas in the Marcellus and Chattanooga Shale play. The proceeds from this sale will allow Westmont to invest heavily in this massive shale play that has revolutionized the North American natural gas business.

Of the disposed-of properties and of the transactions, Westmont Chairman Dr. Bruce Fischer said: "Although these are excellent assets with a great future, they can't effectively compete for capital within our emerging strategic asset mix. The result is that these sales will help us focus on, finance and build our growing, higher margin and more profitable North American shale oil and gas business."

Using new technologies, in particular (Eco-Recovery4) which is proprietary to Westmont now enables it to more profitably tap oil and natural gas reserves own by the company. Without the benefit of these technologies the previous operators of these plays were unable to economically exploit the reserves. Preliminary estimates indicate that the value of the reserves these various shale plays could potentially reach in excess of $270 Million. This is based on the company's review of other assessments and production in the immediate areas. The company is finalizing confirmation of the true bankable reserves by a review conducted by a recognized independent oil industry geologist.

Westmont's portfolio, includes a significant Tennessee Chattanooga Shale play, joint ventures developing two significant blocks in the Marcellus Shale region including, 1,800 lease acres in Western Pennsylvania and 1,650 lease acres in West Virginia. "This is a strategic step toward extending our Marcellus natural resources operations and it's the right time because recent advances in our technology and continued enhancements will improve margins and profitability in our shale oil and gas properties," continued Fischer.

About Westmont Resources
Westmont Resources is an independent natural resource and development company headquartered in Bellevue, Washington, with principal operations in the United State. Westmont deploys the latest systems and methods, principally its own proprietary technologies, to expand the production of oil and gas in the face of ever-rising demand. Westmont's strategy of obtaining peak efficiency and production by unlocking the reserves from existing assets becomes increasingly profitable. Westmont Resources is committed to significant growth as it pursues its strategy to combine and consolidate additional assets and companies in the oil and natural gas production and services sectors. For more information about Westmont Resources Inc, visit the company's website at Westmont Resources Flash Intro