THE SECOND COMING OF MONTELLO

Dear Member,

This week we are bringing one of our featured companies back into the limelight at an important time. Recent events in Tennessee have warranted this long awaited update on Montello Resources (MEO:TSXV) our oil and gas MEO company from 2007 and leading off 2008. Development at their Morgan Highpoint #3 and #4 Test Wells has been accelerating in recent weeks with multiple news releases since February.

Montello, led by President and CEO Bill Cawker, have been forging ahead at the Morgan Highpoint County, of Tennessee. All of their advancements have taken place amidst speculation from a nation as to what lies below the ground at Morgan Highpoint. We are sending this early notification "Weekly Volume" because there has been major development in their search for a high pressure zone at the Morgan Highpoint #3 Test Well as they have recently suspended drilling due to the encounter of hydrocarbons. Last day they announced drilling to depth of Morgan Highpoint #4 and that they are moving back to Morgan Highpoint #3 Test Well. We feel the market is sending us a message, given Montello's recent trading and volume, we think everyone should once again commence their due diligence on this highly speculative situation.

When we first featured Montello (September 2007) they were trading at $0.14 per share and within 6 weeks of our notification they climbed to $0.26, showing a tremendous profit opportunity for our members. At this moment Montello is sitting at $0.185 on huge volume, having traded over 28 million shares since mid February.

Let's quickly recap the potential of this region and why we selected Montello Resources (MEO:TSX-V) as our featured oil and gas company seven months ago.

Montello Resources is literally positioned in the heat of three of the largest blowout wells in the recent history of the Eastern United States. These aren't the only prolific ones to have occurred in the area either, as our research is starting to indicate.

NUMBER 1: In 2002, Pryor Oil hit a high pressure zone which indicated massive oil and gas at their Howard White #1 Well. US Government Sources in various reports, state that the reported oil flow was over 500 barrels per hour of light crude oil (12,000 barrels of oil per day for two days) before it was shut off. These are staggering numbers.


* VIEW PRYOR'S SITE


NUMBER 2: In late November of 2007, a very reputable regional driller in Morgan County approx. 12 to 15 miles away from Highpoint saved a high pressure blowout well getting it back under control to flow test at over 9 million cubic feet per day. This equates to 1500 boe per day.

NUMBER 3: On Tuesday the 18th of March, a company by the name of Walden Resources incurred a blowout on their well in Oliver Springs, Tennessee which we believe is approx. 30 miles from where Montello is currently drilling.

Click this link to watch this incredible footage: (the height of the flames look as high as what we've learned from the various government reports of the Howard White # 1 Well)

* WALDEN RESOURCES - NEWS COVERAGE


Again, we must reiterate that Montello is approx. 7600 ft from the infamous Howard White Well, which recorded a flow rate of over 500 barrels of light crude oil per hour. Pryor Oil and Walden Resources were plagued with misfortune. A long time regional driller called Atlas America has been successful. We understand that Atlas America is number 1 in the region and that Montello and its partners are vying to be number 2. We strongly believe that Montello and Atlas America have been trying to operate under the radar perhaps protective of not letting each other benefit from their respective drill programs given their proximity to one another. It certainly appears that this region of Tennessee has the goods given recent press. Could Morgan County finally be on its way to acceptance as legitimate locations to conduct high impact exploration in the search of elephants within the Appalachian basin?

Visit the link below and you be the judge.


* USGS REPORT

In our opinion the United States must start to develop further domestic oil production, especially in the energy hungry American Southeast.

Why is Montello Resources our Featured Oil and Gas Company?

It is their use of modern techniques, professionalism, and dedication combined with over 100 years of experience in the Alberta oil patch -'the Texas of the North' one of the most challenging places to earn your stripes in the world. These are the qualities Montello has demonstrated from the moment we learned about them. All one has to do is look at the well pad that was built for the John Bowen # 2 to see the dedication and perseverance shown by Montello Resources (MEO:TSX-V). This is a company that has spent over $8 million on John Bowen # 2 Test Well and surrounding lands at Highpoint, Morgan County Tennessee. The painstaking pursuit of geological data at Highpoint is the only way for Montello to acquire a competent understanding of the geology of the Morgan County region. This is for their benefit and the state of Tennessee's

Montello's team is searching for the same unbelievable pressures that Pryor Oil encountered back in 2002. In the past two weeks their search has heated up as recent development has motivated this report. On March 10th trading was halted to announce that drilling had been suspended at the Morgan Highpoint #3 Test Well after encountering hydrocarbons. Montello has subsequently mobilized additional safety and under balanced equipment to be used at Morgan Highpoint #3 and #4 Test Wells. Morgan Highpoint #4 was spud on March 11th and has now been drilled to depth. So what does a small oil and gas company do when they hit hydrocarbons?

Montello Resources has a seasoned and dedicated team working for them. They have hired the world class oil and gas specialists of Strata Energy and Weatherford Services. Montello has obviously prepared themselves for any situation imaginable given the areas' history.

Strata Energy Services Inc. based out of Alberta along with Weatherford Services personnel from Wyoming who specialize in nitrogen drilling packages have mobilized to the Morgan Highpoint region, setting up their under balanced drilling equipment on the Morgan Highpoint #4 Test Well which spud on March 11th. It has been reported that after total depth was reached on Morgan Highpoint #4 the drilling rig along with Strata's and Weatherford's under balanced equipment would be moved to Morgan Highpoint #3 where the hydrocarbon discovery will be examined in more detail. Keep in mind that Strata's management and engineering team has been involved in the drilling of over 500 wells under-balanced. It's obvious why Montello Resources has contracted Strata Energy and Weatherford Services.

What our team at Pinnacle Digest truly loves about Montello Resources is that no matter what circumstances arise or shortcomings seem to befall them, they continue to find a way to advance their wells and move in the direction towards production. They have brought in partners and attracted world class personnel and are doing whatever it takes to continue to move forward.

Bill Cawker and his team's work ethic and desire is remarkable and has led us to position ourselves behind Montello as they move into an exciting time in the company's history. The hiring of Strata Energy and Weatherford Services is keeping us on the very edge of our seats as this 'little company that could' is refusing to go home empty handed.

All the best with your investments and enjoy the long weekend,

PINNACLEDIGEST

VISIT MONTELLO'S SITE

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PinnacleDigest.com is an online financial newsletter owned by Equity Marketing Strategies Inc. We are focused on researching small-cap and large-cap public companies. Information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete. This material is not an offer to sell or a solicitation of an offer to buy any securities. PinnacleDigest.com and its affiliates, officers, directors and agents have been compensated to perform research and therefore information should not be construed as unbiased. Each contract varies in duration, services performed and compensation received. PinnacleDigest.com is not responsible for any claims made by any of the mentioned companies. You should independently investigate and fully understand all risks before investing. We are not a registered broker-dealer. Before investing in any securities, you should consult with your financial advisor and a registered broker-dealer. We have been compensated CDN$32,500 for advertisement coverage on Montello Resources Ltd. by the company. We have bought 276,000 shares of Montello Resources on the open market at an average price of $0.155. We currently own 76,000 shares of Montello Resources and plan on selling every share for our own profit. Past performance is not indicative of future results. The information and data in this report were obtained from sources considered reliable. Their accuracy or completeness is not guaranteed and the giving of the same is not to be deemed as an offer or solicitation on our part with respect to the sale or purchase of any securities or commodities. Any decision to purchase or sell as a result of the opinions expressed in this report will be the full responsibility of the person authorizing such transaction. Our views and opinions regarding the companies within PinnacleDigest.com are our own views and are based on information that we have received, which we assumed to be reliable. We do not guarantee that any of the companies will perform as we expect, and any comparisons we have made to other companies may not be valid or come into effect. Statements included may contain forward looking statements, including the Company's intentions, forecasts, plans or other matters that haven't yet occurred. Such statements involve a number of risks and uncertainties. Further information on potential factors that may affect, delay or prevent such forward looking statements from coming to fruition can be found in their specific Financial reports. Equity Marketing Strategies Inc. is a distributor (and not a publisher) of content supplied by third parties and Subscribers. Accordingly, Equity Marketing Strategies Inc. has no more editorial control over such content than does a public library, bookstore, or newsstand. Any opinions, advice, statements, services, offers, or other information or content expressed or made available by third parties, including information providers, Subscribers or any other user of The Equity Marketing Strategies Network of Sites, are those of the respective author(s) or distributor(s) and not of Equity Marketing Strategies Inc. Neither Equity Marketing Strategies Inc. nor any third-party provider of information guarantees the accuracy, completeness, or usefulness of any content, nor its merchantability or fitness for any particular purpose.